{"id":20630,"date":"2026-08-20T07:00:44","date_gmt":"2026-08-20T07:00:44","guid":{"rendered":"https:\/\/8657085.xyz\/?p=20630"},"modified":"2026-08-20T07:00:44","modified_gmt":"2026-08-20T07:00:44","slug":"us-national-debt-exceeds-40-trillion-for-first-time","status":"publish","type":"post","link":"https:\/\/8657085.xyz\/?p=20630","title":{"rendered":"US national debt exceeds $40 trillion for first time"},"content":{"rendered":"<p> <div style=\"display: grid; grid-template-columns: 300px 160px; gap: 2px; width: 460px; background: #eee; padding: 2px;\">\r\n\r\n  <!-- \u6574\u884c\u5bbd\u5e7f\u544a -->\r\n  <div style=\"grid-column: 1\/-1; width: 460px; height: 250px; background: #ccc; display: grid; place-items: center;\">\r\n  <script async type=\"application\/javascript\" src=\"https:\/\/a.magsrv.com\/ad-provider.js\"><\/script> \r\n <ins class=\"eas6a97888e2\" data-zoneid=\"5876674\"><\/ins> \r\n <script>(AdProvider = window.AdProvider || []).push({\"serve\": {}});<\/script>\r\n  <\/div>\r\n  <div style=\"grid-column: 1\/-1; width: 460px; height: 90px; background: #ccc; display: grid; place-items: center;\">\r\n  <script async type=\"application\/javascript\" src=\"https:\/\/a.magsrv.com\/ad-provider.js\"><\/script> \r\n <ins class=\"eas6a97888e2\" data-zoneid=\"5876676\"><\/ins> \r\n <script>(AdProvider = window.AdProvider || []).push({\"serve\": {}});<\/script>\r\n  <\/div>\r\n\r\n  <!-- \u5de6\u4fa7\u7ad6\u6392 -->\r\n  <div style=\"height: 250px; background: #ccc; display: grid; place-items: center;\">\r\n  <script async type=\"application\/javascript\" src=\"https:\/\/a.magsrv.com\/ad-provider.js\"><\/script> \r\n <ins class=\"eas6a97888e2\" data-zoneid=\"5876672\"><\/ins> \r\n <script>(AdProvider = window.AdProvider || []).push({\"serve\": {}});<\/script>\r\n  <\/div>\r\n  <div style=\"height: 500px; background: #ccc; display: grid; place-items: center;\">\r\n  <script async type=\"application\/javascript\" src=\"https:\/\/a.magsrv.com\/ad-provider.js\"><\/script> \r\n <ins class=\"eas6a97888e2\" data-zoneid=\"5876680\"><\/ins> \r\n <script>(AdProvider = window.AdProvider || []).push({\"serve\": {}});<\/script>\r\n  <\/div>\r\n\r\n  <!-- \u53f3\u4fa7\u6469\u5929\u697c\uff08\u548c\u5de6\u4fa7\u5b8c\u5168\u5bf9\u9f50\uff09 -->\r\n  <div style=\"grid-row: 3\/5; height: 750px; background: #ccc; display: grid; place-items: center;\">\r\n  <script async type=\"application\/javascript\" src=\"https:\/\/a.magsrv.com\/ad-provider.js\"><\/script> \r\n <ins class=\"eas6a97888e2\" data-zoneid=\"5876678\"><\/ins> \r\n <script>(AdProvider = window.AdProvider || []).push({\"serve\": {}});<\/script>\r\n  <\/div>\r\n  \r\n  <script async type=\"application\/javascript\" src=\"https:\/\/a.magsrv.com\/ad-provider.js\"><\/script> \r\n <ins class=\"eas6a97888e6\" data-zoneid=\"5876682\"><\/ins> \r\n <script>(AdProvider = window.AdProvider || []).push({\"serve\": {}});<\/script>\r\n<\/div><br \/>\n<\/p>\n<div style=\"padding-right:0;padding-left:0\">\n<p>The US gross national debt has surged past $40 trillion for the first time, government data showed Wednesday, outstripping earlier forecasts at a pace fuelled in part by President Donald Trump\u2019s invalidated tariffs.<\/p>\n<p>The uptick in borrowing comes as longer term US obligations linked to social security and health care have been growing, while interest payments have climbed as well.<\/p>\n<p>Total public debt outstanding stood at $40.05 trillion at the close of business Tuesday, according to data released Wednesday by the Treasury Department.<\/p>\n<p>This stands in contrast to an earlier forecast by the Congressional Budget Office that overall borrowing would hit $39.4 trillion by the end of fiscal year 2026.<\/p>\n<p>Rising US debt comes as concerns over inflation, war in the Middle East and government spending have been driving investor worries, and the cost of borrowing has grown.<\/p>\n<p>Yields on long-term Treasury bonds rose Tuesday to the highest level since 2007, reflecting growing price pressures due to war on Iran and anxiety over US deficit spending.<\/p>\n<p>The increase forces the US government to refinance debt at the highest rates since before the 2008 global financial crisis.<\/p>\n<p>But the US Treasury Department moved to steady the long-term bond market early Wednesday, sending yields lower.<\/p>\n<p>The federal government operates at a deficit and borrows money to help cover its obligations, including its war spending and tax cuts.<\/p>\n<p>\u201cIt\u2019s been well known for a while that the United States government was on a pretty unsustainable path with deficits,\u201d said Jessica Riedl,\u00a0a budget and tax fellow at the Brookings Institution.<\/p>\n<p>\u201cOver the last few years, the United States has moved into roughly $2 trillion deficits, even during peace and prosperity,\u201d she added.<\/p>\n<p>While deficits of three percent to four percent of GDP used to worry financial markets, she noted that levels are closer to six percent to seven percent of GDP now.<\/p>\n<p>\u201cThat has made markets more nervous,\u201d she said.<\/p>\n<p>As inflation pushed interest rates higher, interest costs on the debt have risen as well, and costs linked to an ageing population are pushing up deficits.<\/p>\n<p>\u2013 Risks ahead \u2013<\/p>\n<p>Analysts note that there is no debt-to-GDP level that automatically triggers a crisis.<\/p>\n<p>Although the gross debt marks a symbolic threshold, many economists consider debt held by the public to be the most economically meaningful measure.<\/p>\n<p>\u201cBut psychologically, these are the landmarks that warn financial markets that they need to take another look at rising debt,\u201d Riedl said.<\/p>\n<p>Federal borrowing surged during the Great Recession of 2007-2009 and increased following the government\u2019s response to the downturn triggered by Covid-19, said Caleb Quakenbush, director of fiscal policy at the Bipartisan Policy Center.<\/p>\n<p>But he told AFP that the trajectory of US budget spending has not been addressed by Congress or US administrations in a \u201cmeaningful or durable way.\u201d<\/p>\n<p>He warned of uncertainty surrounding the \u201cunprecedented levels of borrowing that we\u2019re seeing now.\u201d<\/p>\n<p>Bond markets could face steep challenges in a crisis scenario, he noted.<\/p>\n<p>But even outside that situation, the United States could see higher borrowing costs for consumers and businesses, squeezing the economy.<\/p>\n<p>Treasury Secretary Scott Bessent had previously set a goal of cutting the US deficit to three percent of GDP.<\/p>\n<\/div>\n<p><!-- \u603b\u5bb9\u5668\uff1a\u6700\u5927\u5bbd908px Grid\u7d27\u51d1\u5e03\u5c40 -->\r\n<div style=\"display: grid; grid-template-columns: 728px 160px; gap:2px; width:908px; background:#eee; padding:2px;\">\r\n\r\n  <!-- \u901a\u680f\u9876\u90e8\uff1a\u6700\u5927\u6a2a\u5e45 908x258 \u8de8\u6574\u884c -->\r\n  <div style=\"grid-column:1\/-1; height:258px; background:#ff6b6b; display:grid; place-items:center;\">\r\n    <!-- JuicyAds v3.0 -->\r\n<script type=\"text\/javascript\" data-cfasync=\"false\" async src=\"https:\/\/poweredby.jads.co\/js\/jads.js\"><\/script>\r\n<ins id=\"1114307\" data-width=\"908\" data-height=\"258\"><\/ins>\r\n<script type=\"text\/javascript\" data-cfasync=\"false\" async>(adsbyjuicy = window.adsbyjuicy || []).push({'adzone':1114307});<\/script>\r\n<!--JuicyAds END-->\r\n  <\/div>\r\n\r\n  <!-- \u7b2c\u4e8c\u901a\u680f\uff1a728\u00d790 \u901a\u680f -->\r\n  <div style=\"grid-column:1\/-1; height:90px; background:#4ecdc4; display:grid; place-items:center;\">\r\n    <!-- JuicyAds v3.0 -->\r\n<script type=\"text\/javascript\" data-cfasync=\"false\" async src=\"https:\/\/poweredby.jads.co\/js\/jads.js\"><\/script>\r\n<ins id=\"1114300\" data-width=\"728\" data-height=\"90\"><\/ins>\r\n<script type=\"text\/javascript\" data-cfasync=\"false\" async>(adsbyjuicy = window.adsbyjuicy || []).push({'adzone':1114300});<\/script>\r\n<!--JuicyAds END-->\r\n  <\/div>\r\n\r\n  <!-- \u5de6\u4fa7\u4e3b\u680f\uff1a\u591a\u5e7f\u544a\u5806\u53e0 -->\r\n  <div style=\"display:grid; 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background:#ff9ecd; display:grid; place-items:center;\">\r\n\t<!-- JuicyAds v3.0 -->\r\n<script type=\"text\/javascript\" data-cfasync=\"false\" async src=\"https:\/\/poweredby.jads.co\/js\/jads.js\"><\/script>\r\n<ins id=\"1114305\" data-width=\"250\" data-height=\"250\"><\/ins>\r\n<script type=\"text\/javascript\" data-cfasync=\"false\" async>(adsbyjuicy = window.adsbyjuicy || []).push({'adzone':1114305});<\/script>\r\n<!--JuicyAds END-->\r\n\t<\/div>\r\n    <div style=\"height:139px; background:#c792ea; display:grid; place-items:center;\">\r\n\t<!-- JuicyAds v3.0 -->\r\n<script type=\"text\/javascript\" data-cfasync=\"false\" async src=\"https:\/\/poweredby.jads.co\/js\/jads.js\"><\/script>\r\n<ins id=\"1114302\" data-width=\"133\" data-height=\"139\"><\/ins>\r\n<script type=\"text\/javascript\" data-cfasync=\"false\" async>(adsbyjuicy = window.adsbyjuicy || []).push({'adzone':1114302});<\/script>\r\n<!--JuicyAds END-->\r\n\t<\/div>\r\n    <div style=\"height:125px; background:#91e7ac; display:grid; place-items:center;\">\r\n\t\r\n<!-- JuicyAds v3.0 -->\r\n<script type=\"text\/javascript\" data-cfasync=\"false\" async src=\"https:\/\/poweredby.jads.co\/js\/jads.js\"><\/script>\r\n<ins id=\"1114303\" data-width=\"125\" data-height=\"125\"><\/ins>\r\n<script type=\"text\/javascript\" data-cfasync=\"false\" async>(adsbyjuicy = window.adsbyjuicy || []).push({'adzone':1114303});<\/script>\r\n<!--JuicyAds END-->\r\n\t<\/div>\r\n  <\/div>\r\n\r\n  <!-- \u53f3\u4fa7\u7ad6\u680f\uff1a160\u00d7600 \u6574\u5217\u9ad8\u5e7f\u544a -->\r\n  <div style=\"grid-row:3\/8; height:600px;  display:grid; place-items:center;\">\r\n    <!-- JuicyAds v3.0 -->\r\n<script type=\"text\/javascript\" data-cfasync=\"false\" async src=\"https:\/\/poweredby.jads.co\/js\/jads.js\"><\/script>\r\n<ins id=\"1114301\" data-width=\"160\" data-height=\"600\"><\/ins>\r\n<script type=\"text\/javascript\" data-cfasync=\"false\" async>(adsbyjuicy = window.adsbyjuicy || []).push({'adzone':1114301});<\/script>\r\n<!--JuicyAds END-->\r\n  <\/div>\r\n\r\n<\/div><br \/>\n<br \/> US national debt exceeds $40 trillion for first time<br \/>\n<br \/>#national #debt #exceeds #trillion #time<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The US gross national debt has surged past $40 trillion for the first time, government&#8230;<\/p>\n","protected":false},"author":1,"featured_media":20631,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[107,15449,1060,86,9459],"class_list":["post-20630","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-stories","tag-debt","tag-exceeds","tag-national","tag-time","tag-trillion"],"featured_image_urls":{"full":["https:\/\/8657085.xyz\/wp-content\/uploads\/2026\/08\/235dbe42c2865f1a8913055e1bb65256ba2ec6c6.jpg",768,511,false],"thumbnail":["https:\/\/8657085.xyz\/wp-content\/uploads\/2026\/08\/235dbe42c2865f1a8913055e1bb65256ba2ec6c6-150x150.jpg",150,150,true],"medium":["https:\/\/8657085.xyz\/wp-content\/uploads\/2026\/08\/235dbe42c2865f1a8913055e1bb65256ba2ec6c6-300x200.jpg",300,200,true],"medium_large":["https:\/\/8657085.xyz\/wp-content\/uploads\/2026\/08\/235dbe42c2865f1a8913055e1bb65256ba2ec6c6.jpg",640,426,false],"large":["https:\/\/8657085.xyz\/wp-content\/uploads\/2026\/08\/235dbe42c2865f1a8913055e1bb65256ba2ec6c6.jpg",640,426,false],"1536x1536":["https:\/\/8657085.xyz\/wp-content\/uploads\/2026\/08\/235dbe42c2865f1a8913055e1bb65256ba2ec6c6.jpg",768,511,false],"2048x2048":["https:\/\/8657085.xyz\/wp-content\/uploads\/2026\/08\/235dbe42c2865f1a8913055e1bb65256ba2ec6c6.jpg",768,511,false],"covernews-slider-full":["https:\/\/8657085.xyz\/wp-content\/uploads\/2026\/08\/235dbe42c2865f1a8913055e1bb65256ba2ec6c6.jpg",768,511,false],"covernews-slider-center":["https:\/\/8657085.xyz\/wp-content\/uploads\/2026\/08\/235dbe42c2865f1a8913055e1bb65256ba2ec6c6-768x500.jpg",768,500,true],"covernews-featured":["https:\/\/8657085.xyz\/wp-content\/uploads\/2026\/08\/235dbe42c2865f1a8913055e1bb65256ba2ec6c6.jpg",768,511,false],"covernews-medium":["https:\/\/8657085.xyz\/wp-content\/uploads\/2026\/08\/235dbe42c2865f1a8913055e1bb65256ba2ec6c6-540x340.jpg",540,340,true],"covernews-medium-square":["https:\/\/8657085.xyz\/wp-content\/uploads\/2026\/08\/235dbe42c2865f1a8913055e1bb65256ba2ec6c6-400x250.jpg",400,250,true]},"author_info":{"display_name":"admin","author_link":"https:\/\/8657085.xyz\/?author=1"},"category_info":"<a href=\"https:\/\/8657085.xyz\/?cat=7\" rel=\"category\">Stories<\/a>","tag_info":"Stories","comment_count":"0","_links":{"self":[{"href":"https:\/\/8657085.xyz\/index.php?rest_route=\/wp\/v2\/posts\/20630","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/8657085.xyz\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/8657085.xyz\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/8657085.xyz\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/8657085.xyz\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=20630"}],"version-history":[{"count":0,"href":"https:\/\/8657085.xyz\/index.php?rest_route=\/wp\/v2\/posts\/20630\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/8657085.xyz\/index.php?rest_route=\/wp\/v2\/media\/20631"}],"wp:attachment":[{"href":"https:\/\/8657085.xyz\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=20630"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/8657085.xyz\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=20630"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/8657085.xyz\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=20630"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}