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 | Breaking News Updates - May 03, 2021 | | | |
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How Much National Debt Is Too Much? America May Soon Be At It's Tipping Point
| | No one really knows the debt tipping point. But it's worth noting that the US debt-to-GDP ratio--essentially a country's debt compared to its annual economic output--was 129 percent at the end of 2020. In other words, the official US debt was nearly a third larger than the entire US economy and that is just last year. | | |
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