
If You Think the U.S. National Debt Is $40 Trillion, You're Off by $130 Trillion
Others in the right media universe provided similar coverage.But every one of those media outlets, across the MSM and the right media unquestioningly reported the total debt figure as the government did, at $40 trillion. Now, don't get me wrong: $40 trillion is a horrendous level of debt, one that imposes a staggering financial burden on the American people for decades to come.Here's the problem: That $40 trillion figure is $136 trillion short! The actual total national debt is more than $176 trillion.
- ▪Others in the right media universe provided similar coverage.But every one of those media outlets, across the MSM and the right media unquestioningly reported the total debt figure as the government did, at $40 trillion.
- ▪Now, don't get me wrong: $40 trillion is a horrendous level of debt, one that imposes a staggering financial burden on the American people for decades to come.Here's the problem: That $40 trillion figure is $136 trillion short!
- ▪The actual total national debt is more than $176 trillion.
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| Original publisher | PJ Media |
| Canonical URL | https://pjmedia.com/marktapscott/2026/08/22/if-you-think-the-us-national-debt-is-40-trillion-youre-off-by-130-trillion-n4956420 |
| Publication time | Sat, 22 Aug 2026 09:59:00 -0400 |
| Retrieval time | 2026-08-22T14:31:40.982Z |
| Last seen | 2026-08-22T14:31:40.982Z |
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Opening excerpt (first ~120 words) tap to expand
If You Think the U.S. National Debt Is $40 Trillion, You're Off by $130 Trillion Mark Tapscott | 9:59 AM on August 22, 2026 AP Photo/Jacquelyn Martin When the Treasury Department announced earlier this week that the U.S. national debt had reached $40 trillion, the major mainstream media (MSM) outlets reported it as a genuinely foreboding development. Advertisement googletag.cmd.push(function () { googletag.display("div-gpt-300x250_3"); //googletag.pubads().refresh([gptAdSlot["div-gpt-300x250_3"]]) }); The New York Times, for example, felt compelled to tell readers the new debt total "topped $40 trillion for the first time on Wednesday, an ominous milestone for an economy that sits on a shaky fiscal foundation after decades of borrowing to pay for the rising costs of the military [and]…
Excerpt limited to ~120 words for fair-use compliance. The full article is at PJ Media.