US national debt surges past $39 trillion just weeks into war in Iran
Newsy
The national debt surpassed a record $39 trillion on Wednesday, a milestone that comes just weeks into the U.S.-Israeli war in Iran.
The national debt surpassed a record $39 trillion on Wednesday, a milestone that comes just weeks into the U.S.-Israeli war in Iran.
The unprecedented figure highlights competing administration priorities, from passing a massive tax law and boosting defense spending and immigration enforcement to chipping away at the debt itself — the latter of which Donald Trump promised to do as both a candidate and as president.
The Government Accountability Office outlines some of the impact of rising government debt on Americans — including higher borrowing costs for things like mortgages and cars, lower wages from businesses having less money available to invest, and more expensive goods and services. Advocates for a balanced budget also warn that the long-term trend of borrowing more and paying more in interest will force Americans to face tougher fiscal tradeoffs ahead.
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Israel says overnight strikes killed Ali Larijani, former top security official, and Gen. Gholam Reza Soleimani, head of Iran’s Basij militia, in a major blow to Tehran’s leadership.
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President Donald Trump said White House chief of staff Susie Wiles has been diagnosed with early-stage breast cancer but will continue working while undergoing treatment.
Travelers flying this week may want to arrive at the airport earlier than usual as the Department of Homeland Security shutdown stretches into its fourth week.
As the war in Iran enters its third week, the fighting continues to disrupt global oil shipping, pushing prices even higher.
An erratic patchwork of severe weather rumbled across much of the U.S. on Sunday, dumping heavy snow and making roads impassable in the Upper Midwest while damaging high winds swept across the Plains.
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The Pentagon has released the identities of six U.S. airmen who died last week when a military refueling tanker plane crashed in western Iraq during a mission in support of Operation Epic Fury.
Representatives from Beijing and Washington began their economic and trade talks in Paris on Sunday, paving the way for President Donald Trump’s visit to Beijing to meet Chinese leader Xi Jinping.