US National Debt Crisis

What happened

The outlets' own sentences, most widely reported first. Hover or tap one to see who reported it.

Analysis

Coverage 6 articles

• 28 Aug Can the U.S. Avoid a Dangerous Debt Spiral?The U.S. government attempted to sell 30-year bonds and was met with reluctance from investors, resulting in a 5.2 percent interest rate, the highest in two decades. The Treasury Department's auction of these bonds sold for $22 billion. In response to investor unease, Washington announced bond buybacks worth billions of dollars to calm the market. This move suggests that instead of reducing its borrowing, the…The Dispatch
• 25 Aug How Did America Get $40 Trillion in Debt?A discussion of the US national debt hitting $40 trillion is featured in this podcast episode, where editors and writers from Reason magazine examine how the debt doubled in less than a decade and why federal spending continues to outpace revenue. The conversation also touches on various other topics, including the impact of President Trump's trade war with Canada and the growth of data centers. According to Nick…Reason.com
• 25 Aug How The U.S. Racked Up Its $40 Trillion DebtThe US national debt has reached $40 trillion, according to recent news. The article discusses the issue with a panel of experts from the Dispatch, including Jonah Goldberg and Kevin Williamson. The key aspect is that entitlement spending is cited as one factor contributing to the country's debt problem. In terms of numbers, the specific figure mentioned is $40 trillion, which represents the current national debt…The Dispatch
• 24 Aug Are we watching the U.S. go bankrupt?Market analysts and investors are concerned about rising long-term interest rates, which could signal expectations of higher inflation or a loss of confidence in the US government's ability to repay its debts. The yield on 30-year US Treasury bonds jumped by 6 basis points (0.06%) recently, causing worries that it may be a sign of trouble ahead. According to economist John Cochrane, unsustainable fiscal policies can…Noahpinion
• 21 Aug 'Nothing has gotten better': Focus group shares affordability concerns as US debt tops $40 trillion
  NBC News
• 20 Aug US gross national debt tops $40tn for first timeThe US Treasury Department announced that the country's gross national debt has surpassed $40 trillion for the first time, reaching a record high of $40.047 trillion as of Tuesday afternoon. The debt has grown by over $8.4 trillion under Donald Trump and $4.3 trillion under Joe Biden, with a significant portion going towards Covid-19 relief spending. In fiscal year 2026, an additional $1.8 trillion has been added to…The Guardian

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