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Us National Debt
Peter Schiff says GOP exists ‘in name only’ thanks to Trump — warning US has 2 Democratic parties. Protect your riches
Yahoo Entertainment·18d ago·bearish
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Big government is back, and fiscal conservatism is dead, according to Schiff.
Moneywise and Yahoo Finance LLC may earn commission or revenue through links in the content below. Peter Schiff, co-founder of Euro Pacific Asset Management, says America now effectively has two big… [+10124 chars]
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Published
May 26, 2026, 01:15 PM
Author
Thomas Kent
Source
Yahoo Entertainment
Frequently asked · Us National Debt
What is the difference between debt held by the public and total public debt?
Debt held by the public measures what the government owes to outside investors, while total public debt outstanding also includes intra-governmental holdings, which is money one part of the government owes to another.
What are the primary drivers of the rising U.S. national debt?
The Congressional Budget Office identifies increased spending on Social Security and Medicare due to an aging population, alongside rising interest costs on existing debt, as the main drivers.
How does the current debt-to-GDP ratio compare to historical records?
The current ratio has surpassed 100%, moving toward the all-time record of 106% set in 1946 following World War II.