Business3 sources
Federal debt surpasses GDP for fiscal 2026
- The national debt surpassed the U.S. GDP for fiscal 2026, reaching 100%.
- The U.S. Treasury is projected to spend $20 trillion in interest on the national debt over the next decade.
- The Congressional Budget Office released projections showing federal receipts and spending.
- The U.S. government's economic output was over $32.2 trillion from Q4 2025 to Q3 2026.
- The U.S. Treasury will spend $200 billion a month on interest by 2036.
Economic Context
National debt
$39.46 trillion
Q2 2026
+1.0% since Q1 2026
The highest reading in the last 10 years
GDP growth
+2.2%
Q2 2026
-0.3 pts since Q1 2026
Lower than 71% of readings in the last 10 years
Matched from words in this story. Context, not cause.