Current Context (as of November 15, 2025):The U.S. federal debt held by the public stood at 99.8% of GDP at the end of FY 2025 (September 30, 2025), with gross federal debt at approximately 123%. Two weeks ago (October 31, 2025), the gross debt-to-GDP ratio was 123%, based on $38.019 trillion in total debt. In 2015, … Continue reading Returning to the 2015 Debt-to-GDP Ratio: A Path for President Trump