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40 Trillion Debt and Your Wallet | San Antonio News
The U.S. national debt has hit $40 trillion, sparking debate over its impact on everyday costs like mortgages and interest rates. While not the sole driver, heavy borrowing can push rates higher and drain funds from critical programs as interest payments soar—projected to hit $2.1 trillion by 2036. Though not an immediate crisis, sustained debt growth threatens future economic slowdowns and fiscal strain. And yes, this isn’t partisan—it’s a bipartisan legacy shaped by policy, economics, and unexpected events like the pandemic. The real cost? Less room for innovation, more pressure on budgets…
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