The federal debt reached $40 trillion as the government adds red ink at a rapid rate. That's leading nervous investors to demand higher interest rates —pushing up borrowing costs for everyone else.
<iframe src="https://statesidedaily.com/embed/cluster/c6fb38b4399a50a31e8c4883e2cabf191e2ab426" width="100%" height="320" style="border:0;max-width:680px" loading="lazy" title="The U.S. debt tops a record-shattering $40 trillion. Yes, with a T."></iframe>
The federal debt reached $40 trillion as the government adds red ink at a rapid rate. That's leading nervous investors to demand higher interest rates —pushing up borrowing costs for everyone else.
