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America Is About to Cross $40 Trillion in Debt: The First Trillion Took 192 Years, the Last One Took About 5 Months

The Treasury Department says the government is borrowing about $14 billion a day as interest payments climb toward $1 trillion in fiscal 2026.

Summary by 24/7 Wall St.
The post America Is About to Cross $40 Trillion in Debt: The First Trillion Took 192 Years, the Last One Took About 5 Months appeared first on 24/7 Wall St..The United States is days or, at most, a few weeks away from a milestone no country has ever reached: $40 trillion in national debt. As of August 11, the Treasury Department’s official tally stood at $39,941,929,832,070.77. That leaves just $58 billion to go. At the recent pace of borrowing,…

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24/7 Wall St. broke the news in Lakewood, United States on Thursday, August 13, 2026.
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