U.S. National Debt Surpasses $40 Trillion Under Trump
The U.S. national debt has surpassed $40 trillion during President Trump's second term, with federal spending increasing rather than decreasing, and bond yields reaching nearly two-decade highs. This has led to an impending fiscal crisis that may require politically unpopular measures such as tax increases or cuts to social programs like Social Security. Trump's tax cuts and spending increases, along with demographic shifts, have contributed to the rising debt.14 sourcesSee all sources
