An electronic billboard on a bus stop in Washington, DC, displays the current US national debt on August 30, 2026. | Jemal Countess/Getty Images for the Peter G. Peterson Foundation The national debt hasn’t been a major issue in the 2026 midterms. But perhaps it should be. As of last month, the United States is in debt to the tune of $40 trillion. That’s 12 zeros, which averages out to about $116,000 per American. It’s enough that even economists like Jared Bernstein, the chair of the US Council of Economic Advisers under President Joe Biden, is starting to worry. Bernstein has long...
How to survive a national debt scare
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