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US National Debt Hits $39 Trillion Amid Rising Deficits

4/10/2026

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Story summary
  • The United States national debt surpassed $39 trillion in March 2026, with interest expenses over $1 trillion annually.
  • This growth is driven by entitlement expansion, and neither party has reformed it.
  • Analysts project debt held by the public will rise from 101% to 120% of GDP by 2036, with deficits totaling $23.1 trillion.
  • Structural reforms such as a deficit-to-GDP cap and means-testing entitlement benefits address the fiscal trajectory.