Face The Nation(@FaceTheNation):The U.S. economy is entering uncharted territory. The national debt hit a record $40 trillion last week, while persistent inflation fears rattled financial markets and pushed borrowing costs to their highest levels in two decades. The Treasury Department stepped in midweek to provide relief, but by Friday, borrowing costs had climbed back to where they were.

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Face The Nation@FaceTheNation

2026.08.23 15:08

The U.S. economy is entering uncharted territory. The national debt hit a record $40 trillion last week, while persistent inflation fears rattled financial markets and pushed borrowing costs to their highest levels in two decades. The Treasury Department stepped in midweek to provide relief, but by Friday, borrowing costs had climbed back to where they were.