U.S. national debt has surpassed 100% of the country's GDP for the first time since the World War II era, reaching a total of $39.4 trillion. The Congressional Budget Office projects that under current fiscal policies, the debt-to-GDP ratio will climb to 175% over the next 30 years. This milestone has triggered economic warnings regarding fiscal sustainability, while concurrent reports highlight concerns over the potential impact of AI on increasing wealth inequality.
US national debt hits a historic milestone relative to economic output, while analysts warn of AI's potential to widen the global wealth gap.
Read the full storyUS national debt reached $39.4 trillion, pushing the fiscal burden to historic levels not seen since 1945 amid rising interest costs.
U.S. public debt has reached $31.68 trillion, exceeding 100% of GDP and sparking urgent calls for constitutional measures to curb government spending.