KABUL: The United States’ national debt has surpassed $40 trillion for the first time, marking a new record for the country’s public debt.
According to the U.S. Treasury Department, total U.S. public debt reached $40.047 trillion as of Tuesday.
The milestone was reached several months earlier than previously projected. The rapid increase in government debt has been attributed to several factors, including declining revenues following the cancellation of tariffs introduced under President Donald Trump.