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US debt hits $40 trillion: Who does Washington owe and why does it matter?

ByAtlasnews

Aug 20, 2026 #Al Jazeera, #Asia Pacific, #Business and Economy, #Debt, #donald trump, #Economy, #europe, #Explainer, #Inflation, #Japan, #Joe Biden, #News, #United Kingdom, #United States, #US & Canada

Heavy borrowing, increased spending and tax cuts by Democratic and Republican administrations have long raised concern.

By Atlasnews

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