U.S. Debt Tops $40 Trillion as Interest Burden Reaches Record Share of Revenue

Debt tops $40 trillion as costs rise

WASHINGTON — Donald Trump returned to the White House promising to get the United States' financial house in order by slashing the scope of the federal government, ending costly "forever wars" and spurring economic growth to tame spiraling deficits.

Debt tops $40 trillion, costs rise

WASHINGTON — Donald Trump returned to the White House promising to get the United States' financial house in order by slashing the scope of the federal government, ending costly "forever wars" and spurring economic growth to tame spiraling deficits.

Debt tops $40 trillion as borrowing costs rise

WASHINGTON — Donald Trump returned to the White House promising to get the United States' financial house in order by slashing the scope of the federal government, ending costly "forever wars" and spurring economic growth to tame spiraling deficits.

National debt tops $40T as borrowing costs rise

WASHINGTON — Donald Trump returned to the White House promising to get the United States' financial house in order by slashing the scope of the federal government, ending costly "forever wars" and spurring economic growth to tame spiraling deficits.

U.S. Debt Tops $40 Trillion as Interest Burden Reaches Record Share of Revenue

The US national debt has surpassed $40 trillion, while the federal government's net interest burden has reached a record share of revenue, highlighting the growing cost of servicing the country's debt.