← August 20, 2026 briefingEconomy
US National Debt Crosses $40 Trillion for First Time
The US national debt has hit $40.047 trillion, a milestone that reflects a decade of deficit spending under both parties. The figure has doubled since Trump's first term began, underscoring a structural spending problem that no administration has seriously tackled.
MarketHow many Fed rate cuts in 2026?
Will no Fed rate cuts happen in 2026?86% chance



