The Rising Tide of US Debt: Causes and Consequences The United States' national debt has surpassed $28 trillion, equivalent to 137% of its GDP.
This staggering figure has been on the rise for decades, with warning signs dating back to the 1980s. The trend is complex, driven by a combination of factors that have contributed to economic instability.
Understanding Rising US Debt Levels Rising debt levels mean the country is accumulating liabilities at an unprecedented rate.