National debt hits $40 trillion, interest payments taking money away from critical needs episode artwork

EPISODE · Aug 20, 2026 · 4 MIN

National debt hits $40 trillion, interest payments taking money away from critical needs

from WWJ: On-Demand

A milestone for the U.S. national debt, which hit $40 trillion Thursday. Erik Gordon, professor at the Ross School of Business at the University of Michigan, talked with WWJ's Tony Ortiz about how this is affecting every day people as well as the government. (Photo by Anna Moneymaker/Getty Images)

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National debt hits $40 trillion, interest payments taking money away from critical needs

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