https://www.live-feeds.com/feed/in-trump-s-washington-ballooning-national-debt-stirs-little-actionContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/in-trump-s-washington-ballooning-national-debt-stirs-little-actionhttps://www.live-feeds.com/feed/in-trump-s-washington-ballooning-national-debt-stirs-little-action#u51155Sat, 29 Aug 2026 01:47:37 +0000The United States national debt reached $40 trillion on August 18, roughly double the amount from ten years ago. This surge has triggered volatility in the bond market and caused a shift in sentiment among economists, some of whom are now panicking. While the Trump administration has proposed a plan to raise the borrowing limit, the strategy faces instability as the debt levels continue to roil financial markets. Despite these pressures and public concern, legislative action to address the ballooning debt remains limited in Washington.Why it mattersThe debt level is a critical indicator of fis