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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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Rapid pace of interceptor and precision-guided weapons use worries Trump administration

Washington — The rapid pace at which the U.S. is expending some of its most advanced air-defense interceptors and precision-guided weapons in the Middle East is a point of great tension inside the Trump administration as President Trump’s war with Iran ratchets up again, according to U.S. military and intelligence officials familiar with internal assessments….

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