U.S. national debt hits record $40 trillion, more than doubling in less than 10 years
Summary
The United States' national debt has reached a new high of $40 trillion. This amount more than doubled in less than ten years. The article mentions responses from the Trump administration regarding this increase.Key Facts
- The U.S. national debt hit $40 trillion for the first time.
- The debt has more than doubled in under ten years.
- The increase in debt is due to years of government borrowing.
- The article includes reporting on how President Trump's administration responded to the debt level.
- The debt milestone was reported by CBS News.
- The $40 trillion figure represents the total amount the U.S. government owes to creditors.
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