On Tuesday, August 18, the Treasury Department announced that the debt held by the U.S. government surpassed $40 trillion, a record high. The national debt has more than doubled since 2017, and it increased from $39 trillion to $40 trillion in roughly the past five months. In response to the latest milestone, lawmakers from both parties called for new initiatives to reduce the debt. Ad-free podcasts are here!Get 20% off your first year of ad-free episodes, exclusive interviews, and deep dives with Tangle’s podcast membership!Applications are open.For the past three years, Tangle has run a college ambassador program, offering current college students the chance to serve as Tangle’s liaison on their campus, organizing speaking events, clubs, class talks, and more. Applications are now open for the fall semester program. If you (or someone you know) is interested in applying, you can do so here. We are accepting applications until Wednesday, September 2 at 11:59 PM ET. Please email Will Kaback at [email protected] with any questions.You can read today's podcast⁠ ⁠⁠here⁠⁠⁠ and today’s “Have a nice day” story ⁠here⁠.You can subscribe to Tangle by clicking here or drop something in our tip jar by clicking here. Take the survey: How would you address the national debt and deficit? Let us know.Our Executive Editor and Founder is Isaac Saul. Our Executive Producer is Jon Lall.This podcast written by: Ari Weitzman and audio engineered and edited by Dewey Thomas. Music for the podcast was produced by Diet 75.Our newsletter is edited by Managing Editor Ari Weitzman, Senior Editor Will Kaback, Bailey Saul, Audrey Moorehead, and Carina Pacheco. Hosted on Acast. See acast.com/privacy for more information.

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“What did the council decide on item 42?” — answered with the speaker and the moment.