US Public Debt Climbs Above $40 Trillion for the First Time

The Treasury Secretary, Scott Bensent, taking action to lower long term government bond yields as the US debt pile tops $40 trillion for the first time, the Treasury saying it would at least double its planned buybacks of 10 to 30 year debt. Politics. Todd Kendall joins us now from Washington for Mark in Montana.Hey, John. Good morning. While all of this is becoming a politically fraught issue as finance and courts feed through to the broader economy.Now, we've heard the Treasury Secretary, Scott Benson, pr ...