The U.S. national debt has reached a record high of $40.5 trillion, according to the country's Treasury Department. In August it passed 40 trillion dollars, and during the last two months the debt increased by another 500 billion dollars. Back in 2016, it was about $19.8 trillion, indicating a doubling of growth.

The U.S. national debt has reached a record high of $40.5 trillion, according to the country's Treasury Department. In August it passed 40 trillion dollars, and during the last two months the debt increased by another 500 billion dollars. Back in 2016, it was about $19.8 trillion, indicating a doubling of growth.