Federal debt surpassed GDP for fiscal 2026
Summary
The national debt topped the entire gross domestic product (GDP) for fiscal 2026, according to new data from the Bureau of Economic Analysis (BEA). From the fourth quarter of 2025 through the third quarter of this year, the country’s economic output was more than $32.2 trillion, according to the BEA’s non-seasonally adjusted statistics. As of…
Description from The Hill.
Who is covering this
-
Federal debt surpassed GDP for fiscal 2026
The national debt topped the entire gross domestic product (GDP) for fiscal 2026, according to new data from the Bureau of Economic Analysis (BEA). From the fourth quarter of 2025 through the third quarter of this year, the country’s economic output was more than $32.2...
Related stories
US economy grows faster than expected but inflation rises to 3.7%
2 sourcesvia The GuardianTruth score 58
Inflation Accelerated in October, PCE Index Shows
2 sourcesvia The New York TimesTruth score 59
U.S. economy grows at brisk 3.4% pace in third quarter on strong consumer spending and AI investment
5 sourcesvia PBS NewsHourTruth score 751