The federal debt reached $40 trillion as the government adds red ink at a rapid rate. That's leading nervous investors to demand higher interest rates —pushing up borrowing costs for everyone else.
(Image credit: Tasos Katopodis)
The U.S. debt tops a record-shattering $40 trillion. Yes, with a T.
The federal debt reached $40 trillion as the government adds red ink at a rapid rate. That's leading nervous investors to demand higher interest rates —pushing up borrowing costs for everyone else.
Image: NPR Business
Originally published at NPR Business
