Debt hits $40 trillion as economists warn Trump era could trigger steep tax hikes
TL;DR Summary
Economists warn that the national debt has topped $40 trillion in Trump’s second term, likely forcing painful fiscal moves such as higher taxes or deeper cuts to entitlements, even as supporters credit growth with offsetting deficits; rising interest costs, Demographic shifts, and decade‑long spending have intensified pressure ahead of the midterms.
- Soaring $40 trillion national debt and Iran deadlock shattering Trump’s fiscal claims The Independent
- The National Debt Hit $40 Trillion, But It’s Not an Issue in the Midterms Council on Foreign Relations
- Why America's $40 trillion debt is starting to worry markets WBFF
- Hiltzik: The U.S. national debt has reached $40 trillion. Should you care? Yahoo Finance
- Why the $40 Trillion Debt isn’t the Real Threat counterpunch.org
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