🔴US national debt is just days away from hitting $40 TRILLION: US public debt hit a RECORD $39.93 trillion on August 14th. This is already exceeding the CBO's $39.4 trillion full fiscal-year forecast made just 6 months ago. Meanwhile, the Treasury's budget deficit already surged +$141 billion YoY in July, to $432 billion, the largest July total on record. In the first 10 months of FY2026, the US deficit rose +$23 billion YoY, to $1.79 trillion, the 3rd-largest deficit at this point in the fiscal year in history. The US budget deficit is now on track to exceed $2 trillion for the full year, making it only the 3rd time in history, after 2020 and 2021. The federal debt limit, set at $41.1 trillion last year, could be breached as soon as early 2027, forcing Congress to act again. US federal debt CRISIS is reaching uncharted territory.