‘The national debt is now larger than the economy’: Watchdog marks 100% of GDP milestone for $39 trillion burden

The United States has crossed a grim threshold: the national debt now exceeds the size of the entire American economy. As of March 31, debt held by the public stood at $31.27 trillion, while nominal GDP over the prior 12-month period was an estimated $31.22 trillion — pushing the debt-to-GDP ratio to 100.2%. Total gross national debt has already surpassed $39 trillion, a figure that amounts to roughly $114,000 per American or $289,000 per household.

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