Business & Economy · 2 views
Three things to know about the $40 trillion federal debt
The federal debt topped $40 trillion for the first time this week.
Story Brief
The federal debt topped $40 trillion for the first time this week. Investors who buy government bonds are demanding higher interest rates to finance the growing debt load. Mandel Ngan/AFP hide caption The Treasury Department reported this week that the U.S. federal debt had reached $40 trillion , an eye-popping level of red ink.
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