America’s national debt is heading to 175% of GDP. Here’s why no president—including Trump—has the will to stop it

Wednesday, April 22, 2026 · steve h. hanke

America’s national debt is heading to 175% of GDP. Here’s why no president—including Trump—has the will to stop it

AI Briefing

National debt nearing 175% of GDP, bipartisan failure of spending discipline, constitutional fix needed

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