US national debt hits $40 TRILLION as cost of war in Iran takes its toll
The national debt surpassed a record $40 trillion on Wednesday, a staggering milestone as defense costs, social programs like Social Security and Medicare and interest on the burgeoning deficit make up an enormous share of federal spending. The milestone figure was recorded just five months after the US hit a record $39 trillion debt in March. It reached $38 …
US national debt hits $40 TRILLION as cost of war in Iran takes its toll Read More »