https://www.live-feeds.com/feed/as-debt-surpasses-40-trillion-the-bill-for-washington-spending-comes-dueContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/as-debt-surpasses-40-trillion-the-bill-for-washington-spending-comes-duehttps://www.live-feeds.com/feed/as-debt-surpasses-40-trillion-the-bill-for-washington-spending-comes-due#u50699Fri, 28 Aug 2026 09:00:21 +0000The United States national debt has topped $40 trillion, triggering warnings about the stability of the US and global economies. While the debt has grown under both the Biden and Trump administrations, political disagreement persists over the cause, with Democrats citing Republican tax cuts and Republicans pointing to Democratic spending. Economists who previously dismissed debt concerns are now expressing panic. Current efforts to stabilize the deficit include a discreet plan from Scott Bessent, though forecasts suggest the total debt will continue to climb.Why it mattersNational debt levels https://www.live-feeds.com/feed/as-debt-surpasses-40-trillion-the-bill-for-washington-spending-comes-duehttps://www.live-feeds.com/feed/as-debt-surpasses-40-trillion-the-bill-for-washington-spending-comes-due#u46738Sun, 23 Aug 2026 08:16:37 +0000The United States federal debt has exceeded $40 trillion, prompting renewed focus on spending and deficit reduction. Scott Bessent suggests the budget deficit under Donald Trump has likely peaked. J.D. Vance indicates that Bessent possesses a "very discreet plan" to reduce the national debt. While the total debt has grown under both the Trump and Biden administrations, current efforts focus on whether the deficit can be stabilized or shrunk through upcoming fiscal strategies.Why it mattersRising national debt increases the cost of government borrowing and can limit the ability of Was