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The true national debt just hit $1 million per U.S. household

The effective U.S. national debt just crashed through $100 trillion for the first time in history, and now stands at an extraordinary 400% of annual gross domestic product — but almost nobody seems to care.

The true national debt just hit $1 million per U.S. household

The effective U.S. national debt just crashed through $100 trillion for the first time in history, and now stands at an extraordinary 400% of annual gross domestic product — but almost nobody seems to care.

Finance MarketWatch Jun 9, 2026

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