America's debt is expected to exceed $40 trillion

According to the Washington Post, United States debt is expected to exceed $40 trillion this week, several months ahead of expectations, in part because of the loss of fiscal revenue as a result of Trump ' s tariff policy changes, forcing the United States Treasury to accelerate borrowing. The Congressional Budget Office had projected a total of US$ 39.4 trillion in US Treasury debt for the current fiscal year, but the Treasury Department released data on Monday that had reached US$ 39.9 trillion. The acceleration of debt accumulation has advanced the deadline for raising the statutory borrowing ceiling, which was set by Congress last year at $41.1 trillion。