Report: U.S. National Debt to Hit Staggering $53 Trillion by 2035, Exceeding GDP

25.08.22

America’s national debt is on track to explode from $37 trillion today to $53 trillion by 2035—120% of GDP—according to a new report from the Committee for a Responsible Federal Budget. This projection exceeds previous estimates by $1 trillion. The numbers are staggering: yearly deficits will grow from $1.7 trillion…

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