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Wall Street Journal (May 1)

2026/ 05/ 03 by jd in Global News

In a “a potent symbol of the gathering fiscal stresses” facing America, “U.S. national debt now exceeds 100% of gross domestic product, crossing a once-unthinkable threshold, on the way toward breaking the record set in the wake of World War II.” On March 31, federal debt stood at $31.265 trillion and GDP for the year therein ended was $31.216 trillion.