U.S. Debt Tops 100% of GDP

Thursday, April 30, 2026

The U.S. national debt now exceeds 100% of gross domestic product, crossing a once-unthinkable threshold ...

Posted by retort at 12:29 PM | 27 COMMENTS | permalink | Comment on This Entry |

Mike Lee blames Capitol Hill reporters for the $39 trillion national debt.[image or embed]
-- Ron Filipkowski (@ronfilipkowski.bsky.social) Apr 30, 2026 at 7:24 AM

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Neither party will address this.

#1 | Posted by BellRinger at 2026-04-30 12:37 PM | Reply | Funny: 2

The party that did this will not address this.

#2 | Posted by snoofy at 2026-04-30 12:38 PM | Reply

The party that did this runs California and New York.

#3 | Posted by visitor_ at 2026-04-30 12:40 PM | Reply | Funny: 2

Thanks, Republicans.

When Bill Clinton left office we had $5 trillion in debt and surpluses. He left a plan to completely pay it off in just a few years.

Instead, George W Bush and Republicans, with unitary control of government, more than doubled the budget and our national debt and slashed taxes TWICE, further adding to the debt and leaving America with systemic deficits.

Obama got annual deficits back under $500b after being left with a $1.4 TRILLION annual deficit. Trump and Republicans blew deficits back up over $1 trillion a year.

For all the TALK about "fiscal responsibility," Republicans don't care about it ... until a Dem is in the WH.

#4 | Posted by AMERICANUNITY at 2026-04-30 12:42 PM | Reply | Newsworthy 3

Deficits are not a problem until democrats gain power and try to find the money to try and help Americans with healthcare and child care and education and housing and food costs.

But when it comes to War and Ballrooms and 250 foot Arches there is always enough money in the budget for republicans.

Apparently.

#5 | Posted by donnerboy at 2026-04-30 12:42 PM | Reply | Newsworthy 1

Fiat Currency is an Addiction.

The Withdrawal is going to be a B*t*h.

If the dollar loses it's special status....

Bye Bye Empire. It'll be like when the Pound Sterling became just another Currency.

And GB became a Second Rate little Country Again.

Good Times Coming!

#6 | Posted by Effeteposer at 2026-04-30 12:43 PM | Reply

"Neither party will address this."

Especially the party responsible for reseting Americas fiscal sights from record surpluses to record deficits.

Remind us how many Democrats voted for Dubya 1.0, Dubya 2.0, Trump 1.0, and Trump 2.0. In toto.

More, or less than double digits?

#7 | Posted by Danforth at 2026-04-30 12:45 PM | Reply

We know how serious Democrats are about government spending by how much they fought DOGE.

#8 | Posted by visitor_ at 2026-04-30 12:50 PM | Reply | Funny: 2

"Neither party will address this."

Why didn't YOU, when the idea of borrowing TRILLIONS more to extend expiring tax cuts was floated?

You were dead silent back then. But now you're clutching your pearls?!? What's next...the vapors???

Why not take pride in the debt you enabled all these years?

#9 | Posted by Danforth at 2026-04-30 12:51 PM | Reply

The party that did this runs California and New York.

#3 | POSTED BY VISITOR_

California's economy remains the largest in the U.S., with a nominal GDP that reached approximately $4.1 trillion in 2025, making it the 4th or 5th largest economy in the world.

Our deficit this year was about $21 billion. We call it the "Trump Slump".

I'll do the math for you. The resulting difference is approximately
.512%

This means that a $21 billion deficit represents slightly more than half of one percent of California's $4.1 trillion GDP.

We could only wish hope and dream that someday America will have such a closely balanced budget.

#10 | Posted by donnerboy at 2026-04-30 12:54 PM | Reply

Danforth,

Please show me what Democrats are proposing that even remotely addresses this problem.

Show your work.

It should be easy given your unadorned love for the Democrat Party.

#11 | Posted by BellRinger at 2026-04-30 12:55 PM | Reply | Funny: 1 | Newsworthy 1

"Please show me what Democrats are proposing that even remotely addresses this problem."

Pick up a history book, FFS.

And ANSWER THE DIRECT QUESTION: How many Dem votes for the LAST FOUR REPUBLICAN TAX CODES?

#12 | Posted by Danforth at 2026-04-30 12:58 PM | Reply

The wealthy didn't suffer during the economic messes preceding the French or Russian Revolutions.

Oligarchic fortunes immunized them from inflation and austerity measures; there were no income taxes or laws to claw back their ill-gotten pelf either.

But oligarchs finally did suffer in 1789 and 1917 when people had enough of them and their corrupt regimes.

When is it America's turn for its second revolution?

#13 | Posted by C0RI0LANUS at 2026-04-30 12:58 PM | Reply

Yet another way the republicans have shown their ineptitude.

#14 | Posted by jpw at 2026-04-30 12:59 PM | Reply

"Show your work."

I'd rather show yours:
www.pgpf.org

#15 | Posted by Danforth at 2026-04-30 01:00 PM | Reply | Newsworthy 1

"My administration is the only thing between you and the pitchforks."
Barack Obama, 2009
Speaking to Banking CEOs at the White House

Looks like nobody studies the French Resolution anymore.

#16 | Posted by Doc_Sarvis at 2026-04-30 01:04 PM | Reply | Newsworthy 1

You didn't answer my question. I knew you couldn't.

#17 | Posted by BellRinger at 2026-04-30 01:10 PM | Reply

Fuck off Imbecile, you're a lying little MAGAT cunt. You couldn't argue this, so you resort to FUCKING LYING.

#18 | Posted by LegallyYourDead at 2026-04-30 01:16 PM | Reply

When Bill Clinton left office we had $5 trillion in debt and surpluses. He left a plan to completely pay it off in just a few years.

Obama got annual deficits back under $500b after being left with a $1.4 TRILLION annual deficit. Trump and Republicans blew deficits back up over $1 trillion a year.

For all the TALK about "fiscal responsibility," Republicans don't care about it ... until a Dem is in the WH.

#4 | Posted by AMERICANUNITY at 2026-04-30 12:42 PM | Reply | Flag:

Bill Clinton also signed NAFTA into law and left you with nothing but rot and decay. He left every blue collar manufacturing job in the country in peril.

bUh tHeYrE nOt tHe sAmE

#19 | Posted by lfthndthrds at 2026-04-30 01:17 PM | Reply

"We know how serious Democrats are about government spending by how much they fought DOGE.

#8 | Posted by visitor_"

DOGE?

Moron.

#20 | Posted by Dbt2 at 2026-04-30 01:20 PM | Reply

"Bill Clinton also signed NAFTA into law"

And you put that on a par of resetting America's Fiscal Sights???

Republican Math is a dangerous thing, kids! Stay in school!!!

#21 | Posted by Danforth at 2026-04-30 01:21 PM | Reply

"You didn't answer my question. I knew you couldn't."

A question was put to you first.

What's your excuse for not answering? Are you unaware of the answer, or just embarrassed by the truth?

#22 | Posted by Danforth at 2026-04-30 01:23 PM | Reply

Kinda like all those tax cuts for the wealthy and business aren't paying for themselves, despite what their advocates in both parties say.
The sooner we get back to the pre-Reagan tax codes and stamp out whatever remains of "trickle down" economics, the better.

#23 | Posted by morris at 2026-04-30 01:25 PM | Reply

And he wants another "down payment" 1.5 trillion for more no bid contracts and more fraudulent funding of "Board of peace" or whatever he called it.

#24 | Posted by fresno500 at 2026-04-30 01:28 PM | Reply

"You didn't answer my question."

We both lived though the history. Only one of us is denying it.

Actual Math basically says the deficits can be directly traced back to deficit budgets. Deficit budgets are the result of the tax code. Republicans reset America's fiscal sights from Surplusville to Debtsylvania, and then kept underscoring the deficits which each new tax code.

Call me crazy, but I blame the authors and architects.

Again: Remind us how many Democrats voted for the four Republican Tax Codes.

#25 | Posted by Danforth at 2026-04-30 01:29 PM | Reply

#11 | Posted by BellRinger

Here are a few examples of recent Democrat proposals and bills attempting to curb Trump and GOP excess. Of course, reining in GOP looting of America is impossible with a GOP-controlled Congress allowing Trump to rule by fiat and largesse, backed by a heavily GOP Supreme Court.

newdemocratcoalition.house.gov

thehill.com

www.nytimes.com

www.foxnews.com

And just for kicks, here's how the Trump family is doing while the rest of America suffers

www.democracynow.org

#26 | Posted by El_Buscador at 2026-04-30 01:31 PM | Reply

Republicans are part of the problem. They are more of the problem than Democrats are going back three decades. What everyone (that is YOU, Danforth) refuse to answer is what are Democrats proposing NOW that will in any way meaningfully address this going forward.

Rand Paul has proposed the 6 cents rule. What are Democrats proposing? Paul Ryan seriously talked about our debt and spending trajectory and was subject to ads off him pushing wheelchair bound grannies over a cliff by Democrats as a response.

#27 | Posted by BellRinger at 2026-04-30 01:37 PM | Reply