The Economics of the $38 Trillion National Debt: What Happens When It Grows Faster Than the US Economy Itself The United States' national debt has become a pressing concern in recent years.
As of this writing, it stands at approximately $38 trillion and continues to grow at an alarming rate. In fact, the national debt is now larger than the entire GDP of many developed economies.
This trend raises important questions about its impact on economic growth, interest rates, inflation, and the long term sustainability of social safety nets.