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Debt Soars as Global Moves Shift | Odessa News

U.S. national debt just shattered the $40 trillion mark, surging a trillion every five months—driven by defense, social programs, and ballooning interest costs. The Treasury is now buying back billions in its own debt to stabilize markets. Meanwhile, First Lady launches new IndyCar-linked scholarships ahead of a presidential race in D.C. celebrating America’s 250th birthday. Globally, Qatar gets greenlight for advanced fighter jets to bolster regional security—and President Trump shocks allies by slashing military drills with South Korea, citing his North Korea ties and Seoul’s Iran stance…

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