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public finance

1 articles

Fitch Forecasts US Public Debt to Exceed 120% of GDP by 2027

Fitch Ratings forecasts US public debt will exceed 120% of GDP by 2027, with budget deficits hitting 7.9% of GDP for two straight years. The current debt burden exceeds $39.1 trillion, or over $114,000 per American citizen.

public finance | Axios Times