U.S. National Debt Surpasses GDP, Raising Economic Concerns
The U.S. national debt has exceeded the size of the country's economy for the first time since World War II, according to the Committee for a Responsible Federal Budget (CRFB). As of March 31, the debt held by the public reached $31.27 trillion, surpassing the nominal GDP of $31.22 trillion, resulting in a debt-to-GDP ratio of 100.2%. The total gross national debt, including intragovernmental obligations, has surpassed $39 trillion. This milestone highlights the growing fiscal challenges facing the U.S., with projections indicating that the debt-to-GDP ratio could reach 108% by 2030 and 120% by 2036. 
