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US Treasury under pressure as national debt tops $40tn

The Trump administration is showing signs of concern over America's fiscal position, with the federal deficit near 6% of GDP and the national debt surpassing $40tn, as global long-term interest rates continue to rise.

Is the Trump Treasury panicking over the level of US debt?
US Treasury under pressure as national debt tops $40tn
Treasury Building (Washington, D.C.) · Wikimedia — licence per file · rights

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The Trump administration is showing signs of concern over America's fiscal position, with the federal deficit near 6% of GDP and the national debt surpassing $40tn, as global long-term interest rates continue to rise.

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