How Large Is the $40 Trillion Debt

The US national debt has exceeded $40 trillion for the first time, reflecting a roughly doubling over the past decade due to persistent deficits and increasing interest payments. This debt amounts to about $117,000 per American and is larger than the combined wealth of the world's top billionaires and all gold ever mined. It also surpasses the GDP of the five largest economies combined and is nearing the total value of US retirement savings.

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