America’s $40 trillion national debt isn’t just making borrowing more expensive — it might also be helping Washington’s biggest geopolitical rival. On Aug. 19, the Treasury Department announced that the national debt had surpassed $40 trillion, marking a new milestone. But the bigger story isn’t the number itself — it’s what it signals about Treasury […]
America’s $40 trillion national debt isn’t just making borrowing more expensive — it might also be helping Washington’s biggest geopolitical rival. On Aug. 19, the Treasury Department announced that the national debt had surpassed $40 trillion, marking a new milestone. But the bigger story isn’t the number itself — it’s what it signals about Treasury […]
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