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U.S. Debt Hits $40 Trillion | San Antonio News
The U.S. national debt just shattered the $40 trillion mark—up from $39 trillion just five months ago—driven by defense, Social Security, Medicare, and ballooning interest costs. This isn’t a sudden crisis but years in the making, fueled by pandemic spending, tax cuts, and ongoing government bills. For everyday Americans, it’s already raising borrowing costs, squeezing wages, and pushing up prices. Experts warn this unsustainable trend could force future generations into even harder choices—and with the debt limit looming again in years, Congress faces a make-or-break moment. Compared to…
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