How the U.S. government went from a balanced budget to $40 trillion in debt
PUBLISHED: August 23, 2026
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How the U.S. government went from a balanced budget to $40 trillion in debt
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Hallie Jackson NOW
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U.S. imposes 50% tariffs on some Canadian goods after trade talks collapse
02:20
-
Now Playing

How the U.S. government went from a balanced budget to $40 trillion in debt
03:24
-
UP NEXT

U.S. debt balloons to record-breaking $40 trillion
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-

Canada and U.S. resume trade talks ahead of Trump administration’s new tariffs
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-

CPI shows inflation rose 0.1% from June to July
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Job losses in July reveal weakening U.S. labor market
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