U.S. Debt Hits $40 Trillion as America’s Borrowing Binge Continues

RefNews newsroom brief · 2h ago · 1 min read · via nytimes.com

President Trump’s promises to restore fiscal order and reduce the amount of America’s debt burden have been hampered by spending on the Iran war, tax cuts and tariff refunds.

President Trump’s promises to restore fiscal order and reduce the amount of America’s debt burden have been hampered by spending on the Iran war, tax cuts and tariff refunds. This story matters for General News readers tracking ref. Reported by nytimes.com. Read the full original at the source link below.

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