As Donald Trump returns for a second term, the US faces a debt crisis with national debt reaching $36 trillion. The growing ...

"Instead of treating these milestones as mundane, lawmakers should prioritize putting forward plans to get us ... debt held by the public will reach a record level of more than 106% of GDP ...

Learn about our editorial policies The term "national debt" refers ... the total GDP in 2023. The government funds goods, programs, and services each year that support the United States and ...

The evolution of the debt-to-GDP ratio in the graphs is broken down into a GDP effect, a primary balance effect and the category other effects. The GDP effect shows how much the debt ratio increases ...

Consumers splurged on goods in particular, but also on services, and they accounted for 69% of GDP and moved the GDP needle. The trade deficit worsened further, driven by rampant consumer spending ...