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ST. LOUIS, MO – September 12, 2026 (STL.News) Government Debt – The United States has crossed another financial threshold: federal debt has surpassed $40 trillion. But the number that may ultimately matter more to American families isn’t $40 trillion. It is how much money remains in their bank accounts after they pay the mortgage or rent, property taxes, insurance, utilities, groceries, gasoline, healthcare, education expenses, automobile payments, credit cards, and, for millions of homeowners, association dues and special assessments. America’s financial problems increasingly intersect at one place: the household budget. Federal borrowing continues at historically high levels. Cities
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