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U.S. Debt Hits $40 Trillion | Sacramento News

The U.S. national debt has surged past $40 trillion — more than double its 2017 level — forcing the government to borrow heavily to cover spending gaps. Years of deficits, aging populations straining Social Security and Medicare, and tax cuts have fueled this growth, now costing more than defense or Medicare in interest alone. Without major reforms, debt could hit $50 trillion in just six years, pushing up consumer loan rates and threatening future budgets. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:advertise@thednn.ai This is an…

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