Topic of the Week: National Debt Surpasses $40 Trillion

Americans are concerned about ballooning US national debt

The national debt passed $40 trillion on August 18, roughly double its level a decade ago.

National debt reaches $40 trillion — that’s a lot of zeroes - Los Angeles Wave Newspaper Group

By Julianne Malveaux Guest Columnist The national debt has passed $40 trillion. That is $40,000,000,000,000, a number with more zeroes than most of us can comfortably count.  The Congressional Budget Office projects a federal deficit of $1.9 trillion this year. We will spend more than $1 trillion simply paying interest on the debt — money that cannot be spent repairing bridges, educating children, housing families or providing health care. The n…

Topic of the Week: National Debt Surpasses $40 Trillion

Our analysts rated media coverage The post Topic of the Week: National Debt Surpasses $40 Trillion appeared first on Ad Fontes Media.

Ballooning National Debt Stirs Little Action

“It used to be that a new report of budgetary red ink would touch off a political crisis in Washington. There would be speeches and news conferences and blue-ribbon commissions and legislation and brinkmanship over how to get the nation’s fiscal house in order,” the New York Times reports. “But when the national debt topped […]