US Debt Surpasses 100% of GDP for the First Time Since World War II— Is the Fiscal Squeeze Actually Defla

The national debt is over 100% of GDP and most of Congress is ignoring wishes to rein it in. It’s time to…

Today, U.S. debt held by the public currently stands at a staggering $31.68 trillion, a little more than 100% of GDP. According to the nonpartisan Congressional Budget Office (CBO), if Washington continues to embrace…