Reason

America's $30 Trillion Publicly Held Debt Is 42 Times Larger Than It Was in 1980

By Veronique de Rugy Oct 30, 2025, 3:15 pm45 pts
In 1980, America's publicly held debt reached more than $712 billion (about $2.8 trillion in 2025 dollars), or roughly 25 percent of annual U.S. gross domestic product (GDP). Today, that figure is a little over $30 trillion, or around 100 percent of GDP. And as the federal debt grew 42 times larger…

Continue reading America's $30 Trillion Publicly Held Debt Is 42 Times Larger Than It Was in 1980 at Reason

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