The Crushing Weight of America's National Debt The United States' national debt has grown to over $28 trillion, approximately 130% of GDP.
This staggering figure has become a pressing concern for policymakers, economists, and investors. However, the root causes of this explosive growth are complex and multifaceted.
Understanding the US National Debt: A Growing Concern The national debt represents the cumulative total of annual budget deficits, which have persisted since 1960.