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U.S. Debt Tops $40 Trillion as Treasury Secretary Scott Bessent Offers His Answer

U.S. Debt Tops $40 Trillion as Treasury Secretary Scott Bessent Offers His Answer

21 Aug 2026
The U.S. national debt has crossed the $40 trillion mark, adding to pressure on Washington as federal spending continues to outpace revenue. Treasury Secretary Scott Bessent says the country will have to “grow our way out of this.”

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