
The U.S. federal debt has surpassed 100% of GDP, marking a significant fiscal milestone. As of March 31, the debt reached $31.265 trillion, slightly exceeding the GDP of $31.216 trillion. This trend signals ongoing challenges for the nation’s financial health.
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Posted by Conscious-Quarter423
3 Comments
Thank God we have a business man running things to get us out of this mess.
Don’t worry, all those tax cuts since Reagan are going to pay for themselves any day now….. any… day now.
Mathematically we knew this was going to happen and also when it would happen .
It isn’t like we went from debt free to massive debt overnight