In fiscal year 2025, the US public debt has increased to $37.64 trillion, approaching the $38 trillion mark. To put it in perspective, the U.S. public debt is higher than the combined GDP of China, Japan, Germany, the United Kingdom, and India combined. On average, each American citizen is "carrying" more than $110,000 in debt.
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The alarming state of US public debt
In fiscal year 2025, the US public debt has increased to $37.64 trillion, approaching the $38 trillion mark. To put it in perspective, the U.S. public debt is higher than the combined GDP of China, Japan, Germany, the United Kingdom, and India combined. On average, each American citizen is "carrying" more than $110,000 in debt.