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US national debt hits a new record: $36 trillion
After that milestone is reached in the next few years, the debt-to-GDP ratio is projected to ... "The election is behind us, but the national debt keeps charging full steam ahead," Michael ...
US debt could explode above 200% of GDP in two decades if Trump’s tax cuts become permanent, CBO says — putting it at unsustainable levels
"Macroeconomic feedback effects would further increase interest rates and, therefore, lead to even worse fiscal outcomes," ...
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US debt could explode above 200% of GDP in two decades if Trump’s tax cuts become permanent, CBO says — putting it at unsustainable levels
It found that US debt held by the public could soar above 200% of GDP by 2047 and 250% by 2054 ... for an estimate on what that would do to the national debt. In response, CBO said Friday that ...