The national debt is over 100% of GDP and most of Congress is ignoring wishes to rein it in. It's time to amend the Constitution | Fortune

The national debt is over 100% of GDP and most of Congress is ignoring wishes to rein it in argues that U.S. debt levels are reaching destabilizing thresholds and that existing deficit-control efforts have failed. It cites that public debt is $31.68 trillion, a little more than 100% of GDP, and says the Congressional Budget Office projects it could reach 175% of GDP in 30 years if current practices continue. The article notes that when debt exceeds 90% of GDP, it claims economic growth slows and “major troubles” follow, framing this as a warning sign. It also points to fiscal pressure from interest costs, stating that in Fiscal 2025, 36.5% of individual income tax receipts would be used to pay interest. By 2036, it projects that figure could rise to 50.6% of those receipts. It reviews past rules such as the Budget Enforcement Act of 1990, PAYGO, and the Budget Control Act of 2011, then argues for a constitutional pathway under Article V.