US Debt Projected to Hit $40 Trillion Sooner Than Expected

The US national debt is now projected to reach $40 trillion months earlier than anticipated, primarily due to increased borrowing and lost revenue from invalidated tariffs.

18 Aug, 10:00 — 18 Aug, 10:00

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wapoMostly Factual8d ago

U.S. debt set to hit $40 trillion months earlier than expected

Faster borrowing — driven in part by lost revenue from invalidated tariffs — means the next debt-limit fight is also likely to arrive ahead of schedule.

By Steve Thompson, Riley Beggin

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US Debt Projected to Hit $40 Trillion Sooner Than Expected

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U.S. debt set to hit $40 trillion months earlier than expected

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