US national debt hits $40 trillion, forcing Congress toward tough fiscal choices @NBCMontana
US national debt hits $40 trillion, forcing Congress toward tough fiscal choices  @NBCMontana
Uploaded August 2026 | Updated September 2026, 2 weeks ago
The national debt has surged past $40 trillion, and budget experts say lawmakers are running out of easy ways to slow its growth without making politically difficult choices on taxes and spending.

The United States reached the $40 trillion mark after adding another $1 trillion in just five months, moving from $39 trillion to $40 trillion.

Treasury Secretary Scott Bessent called the figure significant but expressed optimism.

“The 40 trillion is a big number. It is smaller when we look at the publicly traded amount because our Social Security funds and other government entities hold a substantial amount. And what we're going to do, we're going to have to grow our way out of this,” Bessent said.

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US national debt hits $40 trillion, forcing Congress toward tough fiscal choices

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