Stop US Deficit Spending.com
Updated 3/1/26.     email: researcher@stopusdeficitspending.com
[since 1/20/25.  Initially posted 5/1/20]

    
     The U.S. federal government debt, now at 38.8 trillion dollars [as of 3/1/26], is increasing at a rapid and unsustainable pace as annual U.S. budget deficits now exceed 1.5 trillion dollars per year, as this chart documents:


     The US debt clock attempts to monitor the problem of increasing US federal government debt.

     US fiscal reponsibility organizations include:
Committee for a Responsible Budget.
Center on Budget and Policy Priorities.
The Peter G. Peterson Foundation.

     Here is a chart about how the US federal government's 2024 budget produced a huge 1.9 trillion dollar deficit, which is 6.3% of the 2024 U.S. GDP.






     While I have posted long term warnings since 2005 at EmpowermentResources.com about US federal government deficit spending and unsustainable heavily debt-fueled prosperity, the current US President, Donald Trump, is once again unsustainably borrowing money from the future to produce amazing debt-fueled prosperity during his second 2025-2028 presidency.  While Trump will probably be able to borrow money to produce some amazing short-term 2025-2028 prosperity, Trump's 2017-2020 presidency increased US government federal debt and Trump's projected 2025-2028 spending and increased federal debt will cost Americans higher U.S. federal government debt servicing costs in the future.  Also, the US government probably can't continue its present trend of borrowing more than 1.5 trillion dollars a year and this future budget crunch could be very difficult for the US economy in the future, a problem that Trump, the republicans, and the democrats appear to want to postpone.

     While Trump is apparently focused on a second borrow and spend presidency to produce debt-fueled prosperity where the US government borrows more money and goes deeper into debt to pay it's bills, the US. Government's debt has grown to 38.8 trillion dollars [as of 3/1/26] and the US now has a 125% debt-to-GDP ratio.

     Debt-to-GDP ratio is a key measure of a government's debt level and its level of fiscal responsibility.  The IMF or International Monetary Fund estimates [as of 3/1/26] that the US has a relatively high 125% debt-to-GDP ratio.  The COVID-19 epidemic was one surprising factor that increased the US federal debt.
You can click here to see an IMF chart that shows the changes in the US federal government's debt-to-GDP ratio from 1950-2025.


Copyright © 2026 by Ed Harding