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U.S. federal debt exceeds $40 trillion as borrowing costs rise

U.S. debt has topped $40 trillion while borrowing costs are increasing, despite earlier pledges of fiscal restraint. The report points to worsening federal financing pressures.

By DoomRadar · Published on DoomRadar .

Why it matters

Higher debt and financing costs could constrain U.S. fiscal policy and increase risks to financial markets.

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  1. Trump pledged fiscal restraint. Instead, debt tops $40 trillion as borrowing costs rise ↗mvariety.com · Recorded source date: Sep 2, 2026, 5:46 PM UTC

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