It's 'Probably Not Plausible' That A Strong Economy Can Steady U.s. Debt As 5%-6% Growth Is Needed

Gross debt is now $40 trillion, and publicly held debt is 100% of GDP. Just keeping that ratio flat, let alone bringing it down, would require a massive, sustained boom. For now, CBO see the debt-to-GDP ratio soaring to 120% by 2036. During a Minneap ...Read more