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Wednesday, August 19, 2026
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Article New York Post Business

US debt crosses $40T after doubling under Trump, Biden — sparking new warnings of fiscal crisis

New York Post Business August 19, 2026 · 11:02 pm Read Original
Bearish -52.3
−100 Bearish 0 +100 Bullish
US debt crosses $40T after doubling under Trump, Biden — sparking new warnings of fiscal crisis

Budget watch dogs warn that a full-blown debt crisis could erupt unless lawmakers confront an unsustainable fiscal outlook and raise taxes, cut spending or both.

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Article Info
Source New York Post Business
Published Aug 19, 2026 · 11:02 pm
Article ID qt6cniv
Original URL Open source
Sentiment Signal
Bearish -52.3
−100Neutral+100
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