← Back to issue
PBS NEWSHOUR

The national debt passed $40 trillion, up from $37.6 trillion at the end of fiscal 2025

Political Guyentist · September 8, 20261 min read

PBS NEWSHOUR

The debt crossed $40 trillion. At the end of fiscal 2025 it stood at $37.6 trillion, or about $110,069 for every person in the country, and 122.40% of GDP. Trump told reporters: "success does not cause inflation, stupidity causes inflation."

What we’re less sure of1 of 4 claims