Don't Panic About the National Debt — The US Has the Wealth to Handle It The national debt has long been a source of anxiety for many Americans, with pundits and politicians warning of impending doom and economic catastrophe.
However, this concern is largely unfounded. As of writing, the US national debt stands at over $28 trillion, with some projections suggesting it could balloon to as high as 150% of GDP by 2030.
While these numbers are large, they are also misunderstood.