Fiscal Crisis Deepens: $40T Debt, $800B Borrowed, SNAP Cuts

American Politics & Economy Pulse

US borrowed $800B in three months, annual interest exceeds $1T. CBO confirms $2.1T deficit for 2026. National debt crossed $40 trillion. Social Security trust fund insolvency by 2032. SNAP cuts of $10B. UnitedHealth cutting Medicare Advantage coverage. 30-year bond yield at 5.26%.

Sources (4)

Updated Aug 17, 2026

American Politics & Economy Pulse

How will SNAP be impacted by a penny-less world?

Older student-loan borrowers are at risk of losing a chunk of their Social Security. There's a new bill to prevent that.

Health insurers are dropping Medicare Advantage plans — and nearly 3 million older Americans will be affected

Next year’s Social Security raise is now tracking near 3.4% after inflation cooled, and a bigger Part B premium could eat much of it.