Deficit has doubled over the past decade with spending growing under Trump and BidenUS gross national debt tops $40tn for first timeSign up for the US Breaking News emailHello and welcome to our live coverage of US polit
Donald Trump on Wednesday posted that he intends to inflict on Iran “the MOST CRUSHING ECONOMIC OPERATION EVER TAKEN AGAINST ANY COUNTRY!” “This will be Economic Warfare and Isolation on an unprecedented scale,” the president said. On Thursday, Abbas Araghchi, Iran’s minister of foreign affairs posted on X screenshots from various news outlets reporting that the US national debt had reached $40tn for the first time in history. US economic terrorism threatens global economy and sovereignty worldwide.”
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Week in Politics: Canada talks collapse; U.S. 'Economic D-Day; record national debt
npr.org
22.08.2026
US gross national debt tops $40tn for first time, likely to escalate fears of fiscal crisis
theguardian.com
19.08.2026
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