Uploaded August 2026 | Updated September 2026, 2 weeks ago
The national debt is nearing $40 trillion, a pace of borrowing that is outstripping federal forecasts and raising concerns about long-term consequences for the U.S. economy.
The Congressional Budget Office had previously predicted total borrowing would reach $39.4 trillion this year, meaning the country is approaching $40 trillion in mid-August and way ahead of that projection.
The mounting debt was accelerated by President Donald Trump’s tariff policy that was later invalidated by the Supreme Court, prompting the Treasury to scramble to cover costs. The ruling required the U.S. to pay back about $165 billion to importers. In February, Trump criticized the decision, saying, “The Supreme Court’s ruling on tariffs was deeply disappointing and I’m ashamed at some members of the court.”
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FULL STORY: nbcmontana.com/news/nation-world/us-debt-nears-40-trillion-as-federal-spending-outpaces-projections-parties-interest-payments-japan-china
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The national debt is nearing $40 trillion, a pace of borrowing that is outstripping federal forecasts and raising concerns about long-term consequences for the U.S. economy.
The Congressional Budget Office had previously predicted total borrowing would reach $39.4 trillion this year, meaning the country is approaching $40 trillion in mid-August and way ahead of that projection.
The mounting debt was accelerated by President Donald Trump’s tariff policy that was later invalidated by the Supreme Court, prompting the Treasury to scramble to cover costs. The ruling required the U.S. to pay back about $165 billion to importers. In February, Trump criticized the decision, saying, “The Supreme Court’s ruling on tariffs was deeply disappointing and I’m ashamed at some members of the court.”
#montana #montanamoment #nbcmontana #mtwx #news #nationalnews #national #debt #money #politics #watch #high #concerning #projections
FULL STORY: nbcmontana.com/news/nation-world/us-debt-nears-40-trillion-as-federal-spending-outpaces-projections-parties-interest-payments-japan-china
Stay up to date with our digital and social media content:
Facebook: facebook.com/NBCMontana
Twitter: twitter.com/NBCMontana
Instagram: instagram.com/nbc_montana
Latest local news and weather: nbcmontana.com
Latest Weather Forecast: nbcmontana.com/weather
Download our App: nbcmontana.com/station/nbc-montana-news-and-weather-app
Share Your Photos and Videos: NBCMontana.com/ChimeIn
Send us News Tips: ml-Missoula-KECI-News@sbgtv.com
Call our newsroom: 406-721-5642
NBC Montana is a MT based station and a NBC Television affiliate owned and operated by Sinclair Broadcast Group. Sinclair Broadcast Group, Inc. is one of the largest and most diversified television broadcasting companies in the country today. Sinclair owns and operates, programs, or provides sales services to 163 television stations in 77 markets, after pending transactions.










