America's national debt has climbed to $40 trillion after years of borrowing. CBS News chief White House correspondent Nancy Cordes reports on the Trump administration's response.
CBS News's own description from its feed. We collect headlines and these descriptions, not full articles; read the original reporting below.
Developments in this update
2 dated developments, oldest first, newest marked. Each is named by one outlet's own headline; open its reports to see every outlet that covered it.
Names this update
U.S. national debt hits record $40 trillion, more than doubling in less than 10 years
Headline from CBS News ·
Newest
What America’s $40 trillion debt means for taxpayers
The national debt has surpassed a record $40 trillion, highlighting the impact of defense costs, social programs, and interest on the deficit. This milestone comes just five months after hitting $39 trillion.
The U.S. national debt crossed $40 trillion on Tuesday, according to newly released data from the Treasury Department. It marks a key milestone for the U.S., which has seen its total outstanding debt double over less than a decade.
WASHINGTON — The national debt surpassed a record $40 trillion on Wednesday, a staggering milestone as defense costs, social programs like Social Security and Medicare and interest on the burgeoning deficit to make up an enormous share of federal spending.
WASHINGTON — The national debt surpassed a record $40 trillion on Wednesday, a staggering milestone as defense costs, social programs like Social Security and Medicare and interest on the burgeoning deficit to make up an enormous share of federal spending.
The US gross national debt surpassed $40 trillion for the first time, Treasury data showed on Wednesday, exceeding earlier forecasts as borrowing, interest costs and long-term obligations rose. Total public debt reached $40.05 trillion on Tuesday, above a Congressional Budget Office forecast of $39.
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story National debt marks new milestone The U.S. national debt crossed $40 trillion on Tuesday, according to newly released data from the Treasury Department.
U.S. gross national debt officially surpassed the $40 trillion mark on Tuesday, according to a Treasury Department report released Wednesday. The Treasury’s most recent daily cash and debt statement showed total outstanding U.S. public debt at $40.
The modern explosion in U.S. national debt began in earnest in the 1980s, when the total first surpassed $1 trillion in 1981 under Republican-led tax cuts, defense spending increases, and growing entitlement costs that both parties refused to rein in.
America’s gross national debt has crossed the $40 trillion threshold for the first time, marking a stark new chapter in the nation’s long-running struggle to rein in its borrowing. According to a report from The Wall Street Journal, the country’s total public debt outstanding officially reached $40.
Total public debt outstanding stood at $40.05 trillion at the close of business Tuesday, according to data released Wednesday by the Treasury Department. This stands in contrast to an earlier forecast by the Congressional Budget Office.
Deficit has doubled over the past decade with spending growing under Trump and Biden US gross national debt tops $40tn for first time Sign up for the US Breaking News email Hello and welcome to our live coverage of US politics.
The U.S. debt has surpassed $40 trillion. And, a new census report on noncitizen voting that President Trump is touting has ties to a think tank aligned with him, raising concerns among experts.
The national debt hit yet another record on Wednesday, and political leaders mostly yawned. It wasn’t always this way. Deficits and debt were among the driving issues of the 1992 presidential campaign, nearly upending national politics.
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's invalidated tariffs.
The United States’ debt has surpassed a record $40 trillion, a staggering milestone as defense costs, social programs and interest on the burgeoning deficit make up an enormous share of federal spending
Showing the first 25 of 41 headlines. ·
Identical headlines usually mean shared wire copy. They are counted as separate articles but are not independent confirmation.
U.S. national debt hits record $40 trillion, more than doubling in less than 10 years | Since Then
