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LIVE DESK·Global markets desk·Last updated 14s ago
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Economy/InflationArticle

U.S. Debt Hits $40 Trillion as Borrowing Surges

The national debt has reached a new milestone amid ongoing fiscal pressures.

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Elena Kovač · Central Banks Desk · 20 Aug 2026 · 20:29 · 1 min read
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U.S. Debt Hits $40 Trillion as Borrowing Surges

The United States’ total public debt has surpassed $40 trillion, reflecting continued expansion in federal borrowing. The milestone comes despite stated efforts to curb fiscal deficits.

Further verified details on the drivers behind the increase were not immediately available.

This article was produced with AI assistance and edited by a Finance Review Daily journalist.
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Written by
Elena Kovač
Central Banks Desk

Elena covers macroeconomic data and policy across the eurozone, translating industrial output, inflation and growth figures into what they mean for markets.

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