Story perspectives
U.S. Debt Hits $39 Trillion, First Over 100% Since 1946
5/2/2026
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Roy Warns Debt
- U.S. national debt reached $39 trillion, or 100.2 % of GDP, at the end of Q1 2026, the first exceedance since 1946.
- Public debt of $31.27 trillion on March 31 2026 is projected by the CBO to reach 108 % of GDP by 2030 and 120 % by 2036.
- Rep. Chip Roy (R-Texas) called the debt a “ticking time bomb” and urged cuts, while Sen. Rick Scott (R-Florida) denounced a $400 million White House ballroom as wasteful.
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