Hiltzik: The U.S. national debt has reached $40 trillion. Should you care?
News that the national debt has reached $40 trillion inspired lots of partisan hand-wringing — and even more misunderstanding.
News that the national debt has reached $40 trillion inspired lots of partisan hand-wringing — and even more misunderstanding.
BELLINGS Intelligence Score: 65
Why it matters
The U.S. national debt reaching $40 trillion is a significant structural milestone with broad implications for fiscal policy, credit markets, and sovereign risk perceptions, warranting attention from credit-market professionals despite limited immediate market disruption.
Sources
Los Angeles Times Business
Hiltzik: The U.S. national debt has reached $40 trillion. Should you care?
News that the national debt has reached $40 trillion inspired lots of partisan hand-wringing — and even more misunderstanding.