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20 August 2026

US debt hits $40 trillion: Who does Washington owe and why does it matter?

Downunder Voices Newsroom

Source reporting: Al Jazeera English

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US debt hits $40 trillion: Who does Washington owe and why does it matter?

Heavy borrowing, increased spending and tax cuts by Democratic and Republican administrations have long raised concern.

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Downunder Voices provides an independently written summary and community perspective based on information published by the original source. The original publisher remains responsible for its reporting.

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