America’s Debt Just Passed $40 Trillion — So Who Exactly Is Going to Pay for It?
ABE NEWS | THURSDAY, AUGUST 20, 2026 America just crossed a number that is difficult to even imagine: $40 TRILLION. The U.S. national debt officially reached $40.047 trillion, according to the Treasury Department. Of that, about $32.3 trillion is debt held by the public, while another $7.8 trillion is held within government accounts. Forty…