Key facts
- The U.S. national debt has exceeded $100 trillion.
- The debt is equivalent to 400% of the annual gross domestic product.
- This debt amounts to approximately $1 million per U.S. household.
The U.S. national debt has surpassed $100 trillion for the first time, reaching an amount equivalent to 400% of the nation's annual gross domestic product. This figure translates to roughly $1 million in debt for every household in the United States. Despite this significant milestone, the development has reportedly garnered little public attention.