US national deficit has doubled over the past decade with spending growing under Trump and Biden
US gross national debt tops $40tn for first time
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The weekly Labor Department report for jobless claims dropped to 206,000 last week from a revised 212,000 the week before, the Associated Press reported Thursday.
Claims typically hover between 200,000 and 230,000. The weekly jobs report is viewed as a proxy for layoff notices.
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Source link : https://www.theguardian.com/us-news/live/2026/aug/20/donald-trump-national-debt-borrowing-record-michael-cohen-canada-iran-latest-news-updates
Author : George Chidi (now) and Vivian Ho (earlier)
Publish date : 2026-08-20 13:05:00
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