Report Warns U.S. National Debt Predicted to Pass $53 Trillion by 2035

The Center Square (Thérèse Boudreaux), The Star News Network

By fiscal year 2035, the national debt is set to surpass $53 trillion, or 120% of the nation’s

Gross Domestic Product. The updated number – which CRFB reached by assuming that all current trade deals and tariffs remain in effect – is $1 trillion more than projected in the Congressional Budget Office’s January 2025 Budget and Economic Outlook. Yearly interest payments on the national debt will rise as well, climbing from nearly $1 trillion in 2025 to $1.8 trillion in 2035, a total increase of $14 trillion over the next decade.