Democrats and Republican outraged over $40tn national debt – US politics live

Deficit has doubled over the past decade with spending growing under Trump and Biden

• https://www.theguardian.com/us-news/2026/aug/19/us-debt-40-trillion">US gross national debt tops $40tn for first time

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The US gross national debthttps://www.theguardian.com/us-news/2026/aug/19/us-debt-40-trillion"> reached $40tn for the first time on Wednesday, the highest in US history.