America’s Debt Just Hit Grim Milestone After Decades of Politicians Spending Like Drunken Sailors

The U.S. national debt exceeded the total amount of output from the entire economy as of March 31, The Wall Street Journal reported Thursday.

The country’s publicly held debt was $31.265 trillion, while the nation’s Gross Domestic Product (GDP), the total value of goods and services in the economy, was $31.215 trillion. The ratio of GDP to Debt was 100.2%, up from 99.5% in September 2025, according to The Wall Street Journal.

The government now spends $1.33 for every dollar it collets in revenue, with budget deficits running consistently at around 6% of GDP. That figure will continue to rise unless drastic spending reductions are made — which seems unlikely given the lack of serious budget cut proposals making their way through Congress.

Unfunded liabilities including Social Security and Medicare will increase as baby boomers continue to retire, further straining the federal budget. These mandatory spending programs account for approximately