The U.S. Just Hit $40 Trillion in Debt — 2 Years Ahead of Schedule. Here's What Investors Need to Know.
High U.S. government debt can affect the stock market and the economy in various ways.
Overview
The United States federal government has now racked up a tab of more than $40 trillion in outstanding debt. The government officially reached this threshold earlier this week.
While it's not exactly a surprise, the mounting debt continues to concern those worried about the country's finances.
Details
According to The Wall Street Journal, outstanding public debt, excluding Social Security trust funds, is about $32.3 trillion.
Source
Originally published at www.fool.com.
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