America’s Debt Just Hit Grim Milestone After Decades Of Politicians Spending Like Drunken Sailors
The U.S. national debt has surpassed the country's annual economic output, reaching $31.265 trillion as of March 31, 2026, slightly exceeding the GDP of $31.215 trillion. This shift marks a significant milestone as government spending continues to outpace revenue, with deficits averaging 6% of GDP and mandatory spending on programs like Social Security and Medicare placing growing pressure on the budget. Experts warn that rising interest payments and unfunded liabilities could further destabilize the nation's fiscal outlook.
- ▪The U.S. national debt exceeded GDP as of March 31, 2026, with debt at $31.265 trillion and GDP at $31.215 trillion.
- ▪The government spends $1.33 for every dollar it collects in revenue, with budget deficits running at around 6% of GDP.
- ▪Mandatory spending on Social Security, Medicare, Medicaid, and interest on the debt is projected to exceed federal tax revenue by 2027.
- ▪Unfunded liabilities for federal programs could reach $193 trillion, according to a March report from Open the Books.
- ▪Former Treasury Secretary Henry Paulson warned of a potential crisis in the U.S. Treasury bond market due to rising debt levels.
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Business America’s Debt Just Hit Grim Milestone After Decades Of Politicians Spending Like Drunken Sailors (Photo by ROBERTO SCHMIDT/AFP via Getty Images) Ryan Meilstrup Senior Media Editor April 30, 2026 5:25 PM ET April 30, 2026 5:25 PM ET Ryan Meilstrup Senior Media Editor Font Size: const observer = new MutationObserver((mutations) => { const adDivToHide = document.querySelector("#dailycaller_incontent_1"); if (adDivToHide && dc_noads_page) { adDivToHide.classList.add("hide-premium", "hide-free"); observer.disconnect(); console.log("Ad div found and hidden"); } }); observer.observe(document.body, { childList: true, subtree: true }); The U.S. national debt exceeded the total amount of output from the entire economy as of March 31, The Wall Street Journal reported Thursday.
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