For the first time in generations, a milestone in the federal debt-to-GDP ratio has arrived that most economists hoped never to see again, and the forces that drove it there make it nearly impossible to reverse.
(New York = Yonhap News) Correspondent Lim Soo-jung = The ratio of the U.S. federal government debt to Gross Domestic Product (GDP) at the end of the fiscal year... in 1946, immediately after World War II...
In the United States, the ratio of federal government debt to gross domestic product (GDP) reached 100 percent in the fiscal year 2026, which ended on September 30, reaching its highest level since 1946.