US public debt exceeds $40 trillion for the first time

US public debt has reached a historic high of $40 trillion in mid-August.

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This unprecedented level comes amid budgetary tensions and costly electoral promises.

Donald Trump proposes a new stimulus plan if Republicans win the midterm elections.

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Sep 24US public debt exceeds $40 trillion for the first timethis article

Auto-synthesis from 7 media sources · identified on September 24, 2026