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How Much Debt Is Too Much?

The national debt may reach 181% of GDP in 2035 and 716% of GDP in 2080 The latest budget projections show the national debt rising from $5.8 trillion last year to $7.6 trillion this year and $14.3 trillion in 2019. According to the Congressional Budget Office (CBO), the debt will rise from 40.8% of the…