
$40 Trillion Is a Number You Can't Picture — Here's the Part That Shows Up in Your Rent
US government debt crossed $40 trillion on August 19 — doubled since 2017, and two years ahead of what the CBO projected. Divide it by the population and you get $117,000 "per person," which is the most misleading number in the whole conversation: you don't owe it, and nobody will ever bill you. What the debt does do is set the floor under every rate you're quoted — here's what one percentage point costs on a $400,000 mortgage, why the 2032 Social Security date matters more to a 30-year-old than the headline number does, and four moves that make sense no matter what Congress does.











