
US National Debt Exceeds $40 Trillion for First Time
The United States national debt has surpassed the $40 trillion mark for the first time in history, doubling in just a decade. Experts are warning of potential fiscal crisis concerns as borrowing costs rise.
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The US national debt now stands at $40 trillion - AP News
The US national debt now stands at $40 trillion AP News
Read full article →US national debt passes $40tn after doubling in a decade
It comes after the interest rate on 30-year bonds reached the highest level in almost 20 years.
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Australia's debt has cracked a trillion dollars, triggering a political debate as to who has the best plan to pay off the nation's massive credit bill.
Read full article →US debt tops $40 trillion amid concern over borrowing costs
Gross federal debt now amounts to 124% of GDP, as the 30-year Treasury yield trades at its highest level in two decades
By Jesús-Sérvulo González Moreno
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