Comment on National Debt Closes in on Post-World War II Mark

National Debt Closes in on Post-World War II Mark

“The national debt will reach 99.9% of gross domestic product later this year and surpass its post-World War II high as a share of the economy by 2029, the Congressional Budget Office said Friday in updated projections,” the Wall Street Journal reports. “Annual deficits will stay above 5% of GDP for the next decade, remaining at levels the U.S.

 

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