U.S. debt balloons to record-breaking $40 trillion
NBC News·2026-08-20 18:59
The US debt now has exploded to a new record high, now surpassing $40 trillion. That total number is actually double what it was just 10 years ago. And this year alone, the debt has already risen by more than $2 trillion.Business and economy reporter Ally Canal joining us now. So this is obviously Ally, a massive number. How did we get here.And where is all of this money being spent. >> It's a great question, Sam. And we put together a nice pie chart to see where all this money is concentrated.And it's inte ...