National debt exceeds $40 trillion, debt-to-GDP ratio reaches 124%
America’s Growing National Debt The national debt in the United States has surpassed $40 trillion for the first time, translating to almost $300,000 per American household. This alarming figure should concern everyone, but years of political rhetoric about quick solutions have somewhat numbed the public’s urgency. As the nation crosses this troubling $40-trillion threshold, it’s […]