America’s Debt Is Now Bigger Than the GDP. Does It Matter?

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The United States national debt has now grown beyond the size of the country’s GDP, punctuating a long-running trajectory that has left budget hawks skittish, but Congress appears uninterested in countering. According to advance estimates released Thursday by the Bureau of Economic Analysis (BEA), America’s gross domestic product (GDP) totaled $31.22 trillion over the 12 months to March 31, now slightly under the $31.27 trillion in debt held by the country at the end of this quarter. It marks

America’s Debt Is Now Bigger Than the GDP. Does It Matter? http://www.newsweek.com - 01.05.2026 22:26

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America’s Debt Is Now Bigger Than the GDP. Does It Matter? http://www.newsweek.com - 01.05.2026 22:26