US National Debt Surpasses $40 Trillion, Exceeding Defense Budget
The US national debt has now crossed the $40 trillion mark, with annual interest payments alone exceeding $1 trillion. This figure surpasses the entire defense budget, highlighting a significant fiscal challenge.
The tape
2 quotes
“The US national debt is now crossing $40 trillion.”
“Interest payments alone on that debt run north of a trillion dollars a year, more than the defense budget by itself.”
Heard on The David Lin Report — “The Market’s $40T Question: Can Treasury Keep Yields Under Control?”, published Tuesday, August 25, 2026. Heardvine summarizes and quotes with attribution and timestamps, and links to the original everywhere.