U.S. National Debt Officially Surpasses $40 Trillion
U.S. national debt has officially crossed $40 trillion for the first time, with borrowing rising rapidly and interest costs becoming an increasingly large part of federal spending.
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U.S. National Debt Surpasses $40 Trillion as Economists See No Path to Zero
The U.S. national debt has surpassed $40 trillion, while economists say a full repayment is unlikely in the modern era.