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Aisha Carter

Reporter · Newsparlor

The US Treasury Building in Washington, DC
Business
Wednesday, 8/19, 10:24 PM

US national debt tops $40 trillion for the first time

  • The US government's total debt crossed $40 trillion this week, Treasury figures show, a milestone that arrived months sooner than forecast.
  • On the same day the news landed, the Treasury moved to calm bond markets by doubling its buybacks of long-dated debt.

In brief

In brief

In brief

In brief

In brief