On May 9, statistics showed that by the end of the first quarter, the debt held by the public in the United States reached $31.27 trillion, while the nominal GDP estimate for the past 12 months (from April 2025 to March 2026) was $31.22 trillion. This means that the debt-to-GDP ratio has risen to 100.2%, marking the first time since the end of World War II that this threshold has been breached during a non-emergency period (such as the early stages of a pandemic). The Congressional Budget Office (CBO) predicts that under current trends, by 2030, US debt will rise to 108% of GDP, surpassing the post-World War II record, and will soar to 120% by 2036. (Dongxin News Agency)