U.S. National Debt Nears $40 Trillion as Government Borrowing Continues to Accelerate

The United States’ national debt has reached a historic milestone, climbing to approximately $39.89 trillion, according to the latest figures released by the U.S. Treasury Department. The total places the country’s debt on the verge of surpassing the $40 trillion mark for the first time in American history. The rapid growth in federal borrowing highlights…