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US National Debt Hits $39T: Trump Plans Childcare Cuts, No Deficit Plan

US National Debt Hits $39T: Trump Plans Childcare Cuts, No Deficit Plan

The US national debt reached a record $39 trillion as President Trump acknowledged he has no plan to reduce it. The Silicon Review reports on the administration's budget priorities as childcare programs face steep cuts. The US national debt hit a record $39 trillion as President Donald Trump acknowledged he has no plan to reduce the ballooning deficit, even as his administration moves to cut childcare programs serving millions of working families. The milestone came just hours after the Treasury Department reported that the government has borrowed an additional $1.2 trillion since Trump took office in January 2025, driven by the $1.5 trillion defense budget request and the escalating cost of the Iran war, which officials have said could reach $2 billion per day . At a White House press briefing, Trump was asked directly about his plan to address the national debt. "We're looking at it," he said. "But you have to understand, we're at war. We're rebuilding our military. These things cost money." Pressed on whether he would propose specific cuts to entitlement programs such as Social Security or Medicare, the president demurred. "We're not touching that. Not now. Not ever," he sai...

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