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National debt tops $40 trillion after doubling in less than a decade, Treasury data shows

The national debt topped $40 trillion, according to Treasury Department data released on Wednesday, representing a fiscal milestone that underscores the federal government’s mounting borrowing and interest costs.   The Treasury Department’s daily financial report shows that the nation’s debt reached $40.05 trillion on August 18, more than double its level in 2017. The federal debt has…

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Shapiro on placing guardrails on AI data centers in Pennsylvania: “I don’t want developers running roughshod”

Pennsylvania Gov. Josh Shapiro doesn’t want data center developers “running roughshod” in Pennsylvania communities, he said, explaining his decision to sign an executive order on Tuesday limiting data centers in the commonwealth, after he previously worked to bring AI data centers to Pennsylvania.  Appearing on “CBS Mornings” on Wednesday, Shapiro said that increasingly, he’s seeing developers…

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