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USA have 40 trillion dollars in debt

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The USA have very much debt. The sum is higher than 40 trillion dollars. This is a number with 12 zeros. There was never so much debt before. The finance ministry in Washington tells the numbers.

There are many reasons for the debt. The state spends more money than it takes in. An old population is one reason. Many people retire now. This costs much money for pensions.

Also wars and politics cost much money. President Donald Trump wanted to save money. He made a department for state work. But the debt still grows more. This happens also because of tax cuts.

The high debt can make big problems. The state pays much interest. Then money for schools is missing. Politicians fight about a good solution. Some want to spend less money.

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Definitions

Trillion
A trillion is a very big number. It is a one with 12 zeros.
Interest
Interest is extra money you pay when you borrow money from a bank.

People

Donald Trump
Donald Trump is the president of the United States of America.

Locations

USA
The USA are a big country in North America.
Washington
Washington is the capital city of the USA.

Sources

Südtirol News

Staatsverschuldung der USA auf 40 Billionen Dollar gestiegen

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Logo VOL
VOL

US-Staatsverschuldung erreicht 40 Billionen Dollar

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Logo The Guardian
The Guardian

Democrats and Republican outraged over $40tn national debt – US politics live

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Logo SRF
SRF

40 Billionen Dollar: So hoch sind die USA verschuldet

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Logo 20 Min
20 Min

US-Staatsverschuldung übersteigt 40 Billionen Dollar – Rückschlag für Trump

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Logo FAZ
FAZ

USA: US-Staatsschulden erstmals über 40 Billionen Dollar

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Logo Al Jazeera
Al Jazeera

US debt hits $40 trillion: Who does Washington owe and why does it matter?

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Logo Standard
Standard

40 Billionen Dollar Schulden: Warum die USA immer tiefer ins Minus rutschen

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