Benking on Nostr: The federal debt held by the public is now at nearly 100 percent of GDP, the highest ...
The federal debt held by the public is now at nearly 100 percent of GDP, the highest level since World War II.
The important thing is that the US debt has grown much faster than the CBO’s official projections many times and is now about 15 percentage points higher than the estimate it made for this period in 2017.
The CBO expects the ratio to reach 120 percent of GDP by 2035, but if the projections are again lower than reality, the number could even approach 135 percent.
The pace of US debt growth remains a major long-term risk to the economy, and the real situation could be worse than current projections.
Published at
2026-08-26 08:11:02 UTCEvent JSON
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"content": "The federal debt held by the public is now at nearly 100 percent of GDP, the highest level since World War II.\n\nThe important thing is that the US debt has grown much faster than the CBO’s official projections many times and is now about 15 percentage points higher than the estimate it made for this period in 2017.\n\nThe CBO expects the ratio to reach 120 percent of GDP by 2035, but if the projections are again lower than reality, the number could even approach 135 percent.\n\nThe pace of US debt growth remains a major long-term risk to the economy, and the real situation could be worse than current projections.\nhttps://blossom.primal.net/4ffb6c051f1b6f3f0d5ce1fe991c40bf0e2af19132011f93e3615d34e81e7f2e.jpg",
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