In Trump’s Washington, Ballooning National Debt Stirs Little Action NYT > Top Stories By: Peter Baker 28 August 2026 at 00:15 The relative indifference to the news that the U.S. government now owes $40 trillion demonstrates how drastically the politics of deficit spending has changed. © Anna Moneymaker/Getty ImagesA sign showing the national debt last week at a bus stop in Washington.
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