The Towering Shadow of the US National Debt The United States' national debt has grown to become a behemoth that casts a long shadow over the country's economic landscape.
As of writing, it stands at approximately $28 trillion, roughly 130% of the nation's GDP. This staggering figure has sparked intense debate and concern among policymakers, economists, and ordinary citizens alike.
History of the US National Debt: A Long Term Perspective The national debt is a relatively recent phenomenon in the United States' history.