The Unsustainable $40 Trillion National Debt

Bourdeaux: Federal debt steals from young

Washington, D.C., no longer borrows only during wars, recessions or national emergencies. The federal government now runs huge structural deficits every year. Congress spends far more than the government collects, then adds the difference to the debt with no credible plan to stop.

Commentary: At $40 trillion in debt, Washington is stealing from younger generations

The national debt now exceeds $40 trillion. That equals roughly $117,000 for every man, woman and child in the United States.

Carolyn Bourdeaux: Washington is stealing from younger generations

From the commentary, "Crossing $40 trillion in debt should mark more than another grim headline. Congress should treat it as a trigger for action."

With $40 trillion in debt, does Washington have any credibility to police Iran’s economy?

TEHRAN- The United States has just crossed a grotesque milestone: its national debt has ballooned to a record-shattering $40 trillion. This is not merely a number; it is a confession of systemic rot.

Ken Buck: The $40 Trillion Alarm Bell — Record National Debt Can't Be Ignored

Columnist Ken Buck writes, "The U.S. national debt crossed another grim milestone this month, surpassing $40 trillion for the first time ever. That's more than double the amount owed in 2017 and is expected grow to $64 trillion within the next decade."

The Unsustainable $40 Trillion National Debt

The Unsustainable $40 Trillion National Debt Authored by Jeffrey A. Tucker via The Epoch Times, The national debt has now passed $40 trillion. It stands at 120 percent of GDP. That should alarm us and probably does but let's just be honest: no one can conceive of such figures. They are just floating zeros and no one has any sense of whether and to what extent this portends economic doom for us. Maybe it does or maybe it doesn't. An electronic di…