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How the U.S. government went from a balanced budget to $40 trillion in debt

September 25, 2026
in Market & News
Reading Time: 1 min read
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The U.S. national debt reached another record high of $40 trillion, as the government hasn’t balanced its budget since the late 1990s. NBC News’ Ryan Nobles takes a look at how the debt keeps snowballing across presidents from both parties.

For more context and news coverage of the most important stories of our day, click here:

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