Developing2 outlets · over 8 hours
US Debt Hits $40 Trillion, Retirees Face $705 Cut
US national debt reached $40 trillion, with interest costs exceeding $1 trillion in fiscal 2026. The Conference Board projects retirees face $705 monthly benefit cuts by 2033, while homebuyers could pay $53,000 more under baseline scenarios.
The story so far2 updates, latest first.
Tracked by ByteBrief