Watch: How will the US national debt affect American consumers and the world?
The US national debt has more than doubled in a decade to reach a milestone $40tn (£29.4tn), Treasury figures show.
Category Archives: Business
US borrowing costs rise as attempts to ease rates prove short-lived
Economists said there were ongoing concerns over the level of borrowing as national debt passed $40tn.
US borrowing costs rise as attempts to ease rates prove short-lived
Economists said there were ongoing concerns over the level of borrowing as national debt passed $40tn.