CBO Foresees Highest National Debt-to-GDP Ratio Since WWII

CBO Foresees Highest National Debt-to-GDP Ratio Since WWII

The national debt of the United States currently represents 74% of our gross domestic product (GDP). The fiscal watchdog Congressional Budget Office (CBO) expects this figure to increase to 79% by 2025, which would be the highest debt-to-GDP ratio in the United States since World War II. The CBO believes the debt-to-GDP ratio will exceed 100% by 2039.

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