Clip: Trump shrugs off $40T national debt after vowing he'd cut it

Aug. 21, 2026 AT 9:03 p.m. EDT

President Trump, who campaigned on reducing the nation's debt, faces a fiscal picture that has continued to deteriorate under his watch. The national debt soared to $40 trillion this week as the Iran war grinds on with no clear end in sight. 

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