https://www.live-feeds.com/feed/trump-s-economic-challenge-40tn-debt-6-7-mortgages-and-5-dieselContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/trump-s-economic-challenge-40tn-debt-6-7-mortgages-and-5-dieselhttps://www.live-feeds.com/feed/trump-s-economic-challenge-40tn-debt-6-7-mortgages-and-5-diesel#u46806Sun, 23 Aug 2026 10:11:02 +0000The United States' national debt has reached $40 trillion under President Trump. The current economic situation is characterized by high mortgage rates of 6.7% and diesel prices of $5. The budget deficit may have peaked, according to Bessent. The growing debt has raised concerns about a potential debt crisis.Why it mattersThe US national debt has significant implications for the country's economy and financial stability. The rising debt, coupled with high interest rates and fuel prices, may impact consumer spending and economic growth. The issue has garnered attention from policymake