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

By Alan RappeportAugust 19, 2026·Source: NY Times·3 views

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

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Originally reported by NY Times. Read the original article

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