News · CafeF

U.S. National Debt Nears Record $40.4 Trillion

U.S. public debt has reached a new record high, rising nearly $400 billion in just two months and approaching $40.4 trillion, according to U.S. Treasury Department data cited by Ria Novosti. The $40 trillion mark was surpassed on August 19, 2026, and another $250 billion was added in the first half of October alone. As of October 19, total debt stood at $40.396 trillion. Analysts say that at the current pace, the figure could exceed $50 trillion by 2030.

Summary written by Upside AI from the original article. Read the source for full details.

Original headline: Khối nợ công kỷ lục của Mỹ áp sát ngưỡng 40,4 nghìn tỷ USD

Read the original on CafeF ↗

Keywords

public debtbudgetUS

Open a keyword to see other news on the same topic.

Related tickers and likely impact

DXY

▼ Likely negative

Relevance: medium

MarketCurrencies
Close on 10/20/2026101.70
Change that session-0.28%
DXY price, forecasts and signals →

XAU/USD

▲ Likely positive

Relevance: low

MarketGold
Close on 10/20/20264,125.21
Change that session-0.38%
XAU/USD price, forecasts and signals →

Impact is scored by AI from the headline and may be wrong. It is not investment advice.

Related news

  • Federal deficit last year was largest since pandemic and voters are noticing

    U.S. national debt is getting worse, with interest alone costing the federal government more than $1 trillion last fiscal year, or about $3 billion per day, according to new Treasury data. The deficit reached $2 trillion in fiscal year 2026, the highest since 2021 and more than 6% of GDP. Treasury Secretary Scott Bessent cited tariff refunds, the Iran war and high interest rates, and says economic growth will lower the deficit-to-GDP ratio, but Brett Loper of the Peter G. Peterson Foundation argues growth alone won't be enough given an aging population and fewer workers. A poll cited by the foundation found 92% of voters believe the debt is raising inflation and prices, and 84% say having a plan to address it would decide their vote. Social Security and Medicare are projected to become insolvent in 2032 and 2033, respectively, and the Committee for a Responsible Federal Budget has urged Congress to stop new borrowing.

    fox17.com·▼ DXYpublic debtDXYUS
  • Federal deficit last year was largest since pandemic and voters are noticing

    The federal deficit reached $2 trillion in fiscal year 2026, the highest since 2021 and more than 6% of GDP, according to Treasury data. Interest costs alone exceeded $1 trillion, or about $3 billion per day. Treasury Secretary Scott Bessent cited tariff refunds, the Iran war and high interest rates, and maintained that economic growth would lower the deficit relative to GDP. Many experts doubt growth alone is enough, citing a growing retiree population and fewer workers, while 92% of voters in a poll said the national debt is raising prices and 84% said a plan to address the debt would decide their vote. Social Security and Medicare are projected to become insolvent in 2032 and 2033, respectively.

    fox56.com·▼ DXYpublic debtDXYUS
  • Federal deficit last year was largest since pandemic and voters are noticing

    Treasury data show the US federal deficit reached $2 trillion in fiscal year 2026, the highest since 2021 and more than 6% of GDP, while interest costs alone exceeded $1 trillion, or about $3 billion per day. Treasury Secretary Scott Bessent blamed tariff refunds, the Iran war and high interest rates, and maintained that economic growth would bring the deficit-to-GDP ratio down. Brett Loper of the Peter G. Peterson Foundation and other experts doubt growth alone is enough, citing a growing retiree population and a projected shift to more deaths than births within the next four years. A joint poll found 92% of voters concerned that the debt is pushing up inflation, and 84% said having a plan to address it would decide their vote. Social Security and Medicare are projected to become insolvent in 2032 and 2033, respectively.

    wlos.com·▼ DXYbudgetpublic debtinterest rates
  • Federal deficit last year was largest since pandemic and voters are noticing

    The U.S. federal deficit reached $2 trillion in fiscal year 2026, the highest since 2021 and more than 6% of GDP, while interest costs exceeded $1 trillion, about $3 billion per day, according to Treasury data. Treasury Secretary Scott Bessent cited tariff refunds, the Iran war and high interest rates, and argued that economic growth would lower the deficit-to-GDP ratio, a view many experts doubt. Brett Loper of the Peter G. Peterson Foundation said growth alone cannot solve the problem, citing a growing retiree population and fewer workers. A poll cited by the foundation found 92% of voters concerned that debt is raising inflation, and 84% said a plan to address the debt is a deciding factor in supporting a candidate. Social Security and Medicare are projected to become insolvent in 2032 and 2033, and the Committee for a Responsible Federal Budget has urged Congress to commit to no new borrowing.

    abcnews4.com·▼ DXYbudgetpublic debtinterest rates
  • Federal deficit last year was largest since pandemic and voters are noticing

    According to new Treasury Department data, interest alone cost the federal government more than $1 trillion last fiscal year, or about $3 billion per day. The federal deficit reached $2 trillion in fiscal year 2026, the highest since 2021 and more than 6% of GDP. Treasury Secretary Scott Bessent blamed tariff refunds, the Iran war and high interest rates, and still argued that economic growth would lower the deficit-to-GDP ratio, a view many experts doubt. A poll cited by the Peter G. Peterson Foundation found 92% of voters worried that national debt is raising inflation and 84% said a plan to address the debt would decide their vote, while Social Security and Medicare are projected to become insolvent in 2032 and 2033. The Committee for a Responsible Federal Budget has urged Congress to stop new borrowing and tie new spending to double the savings.

    abc3340.com·• DXY▲ XAU/USDbudgetpublic debtinterest rates
  • There no excuse for $2 trillion budget deficits – Orange County Register

    The U.S. federal government closed fiscal year 2026 with a deficit of nearly $2 trillion, according to the Congressional Budget Office, second only to the pandemic years of 2020 and 2021. Federal revenue rose 3% to more than $5.4 trillion, but spending climbed 6% to $7.4 trillion, with interest on the debt up 11% to over $1.1 trillion. The author argues that even if the roughly $130 billion in tariffs struck down by the Supreme Court had been kept, they would cover less than a tenth of the gap. He calls for reforms to Social Security, Medicare and Medicaid, and warns that U.S. debt could reach 120% of GDP within a few years, as France’s already has.

    ocregister.com·▼ DXY▲ XAU/USDbudgetpublic debtpublic spending

Related markets

Currencies →Gold →

Latest news

  • Bitcoin and ethereum prices today, Wednesday, October 21, 2026: Crypto to outperform stocks and gold?

    Bitcoin opened at $82,940.14 on October 21, 2026, up 1.3% from Tuesday's open, and rose to $83,292.55 by 7:21 a.m. ET. Ethereum opened at $2,446.67, up 1.7%, and moved to $2,459.92 that morning. Prices have moved little over the past week and a half, though JPMorgan Asset Management expects Bitcoin to outperform stocks and gold over the long term. BlackRock has separately filed for another Bitcoin ETF aimed at investors worried about sharp losses.

    Yahoo Finance·• BTC/USDT• ETH/USDTbitcoincryptoEthereum
  • Nvidia's Jensen Huang wants to build AI factories in weeks, not months

    Nvidia CEO Jensen Huang, speaking at Nvidia GTC Berlin, said the new DGX Pod is designed to build AI factories faster and more cheaply, potentially cutting deployment from months to weeks. He said a gigawatt of data center costs about $50 billion, and the 4 to 6 months from shipping components to operation could be shortened by 3 to 4 months if more manufacturing happens in the supply chain, reducing idle cash. Huang argued this would make financing easier because lenders would have more certainty about costs and when revenue starts, which matters amid market volatility over neocloud companies. He said demand is very strong, citing SpaceX, CoreWeave, Nebius and Nscale, and that the large capital tied up before revenue is the key challenge to solve.

    Yahoo Finance·▲ NVDANVDAdata centersartificial intelligence
  • SUSE Brings Sovereign Control to Enterprise Agentic AI with NVIDIA

    SUSE introduced new capabilities that let enterprises adopt private AI while keeping full operational control, security, and governance over their systems, through SUSE AI Factory with NVIDIA. The release adds zero-trust agent security via the NVIDIA OpenShell Reference Architecture, with supervisor proxies inspecting agent traffic and blocking unauthorized requests. SLES for NVIDIA gives immediate access to NVIDIA's latest hardware on a SLES 16 base. SUSE is a launch partner for the OpenShell architecture, and a government Secretariat is testing the platform for AI-driven public services.

    Yahoo Finance·softwareNvidiaartificial intelligence
  • Supermicro Brings NVIDIA Aerial RAN Computer Solutions to the Network Edge with Nokia to Enable Low-latency AI Services

    Super Micro Computer (SMCI) is working with Nokia to deploy AI-RAN from distributed cell sites to centralized network hubs, combining Nokia's RAN technology, the NVIDIA Aerial RAN Computer platform, and Supermicro infrastructure. The solution lets radio and AI workloads share the same infrastructure, supporting low-latency applications such as voice AI, vision AI, and physical AI. The companies say it can improve spectral efficiency, automate network operations, and optimize energy use, with a software-driven path toward AI-native 6G. Supermicro's dual-node ARC-Pro, with an NVIDIA Grace C1 CPU and RTX PRO 4500 GPU per node, delivers up to 1.6 PFLOPS of FP4 AI performance.

    Yahoo Finance·Super Micro ComputerNokiaartificial intelligence
  • Tesla and SpaceX Just Formed Special Committees to Weigh a Merger

    Elon Musk said on SpaceX's October 20, 2026 earnings call that both companies have formed special committees of independent directors to study a possible merger, and he cannot join those talks because he runs both firms. He said a deal is not guaranteed, the committees have not agreed on terms, and Tesla would need approval from 50% of all shares, which he called a high hurdle. Tesla closed at $373.71 and SpaceX at $147.79, but no price or exchange ratio has been disclosed. The article also points to Tesla's weak standalone results, including Q2 non-GAAP EPS of $0.33 against a $0.5367 estimate, and says the next concrete signal would be an 8-K filing naming committee members, advisors or terms.

    Yahoo Finance·• TSLAmergers and acquisitionsSpaceXTSLA
  • Musk backs SpaceX-Tesla merger idea as both boards form special committees

    Musk said on SpaceX's third-quarter earnings call that he thinks a SpaceX-Tesla merger would be a good idea, and that both companies have formed special committees of independent directors at shareholders' request. He cannot join those talks as a conflicted party, and he stressed a merger is not a certainty. Barclays analyst Dan Levy said a tie-up has become the consensus expectation, and that Tesla's annual meeting, which must be held by Dec. 6, is the appropriate venue for a shareholder vote, though a delayed announcement could push a deal out 6 to 12 months. At values of about $2.1 trillion for SpaceX and $1.5 trillion for Tesla, Levy estimated Musk would own about 37% of the combined company and 56% of its vote, and each Tesla share would be worth about 0.7 SpaceX shares before any premium.

    Yahoo Finance·• TSLAmergers and acquisitionsSpaceXTSLA

All news →

Get the briefing on Telegram or Zalo

Join the Upside Telegram channel or Zalo group for the Vietnam stocks and gold briefing at 8:00 and 19:00 (Vietnam time) on trading days, plus a weekly wrap on Saturday morning.