Behind the Trend of Rising US Debt: What it tells us about Economic Stability The United States has been accumulating national debt at an alarming rate over the past few decades.
As of now, the total US debt stands at around $28 trillion, with a debt to GDP ratio hovering above 130%.
This trend is not unique to the current administration; rather, it reflects a broader shift in government spending patterns that have been gaining momentum since the early 2000s.