Marc Goldwein: U.S. debt projected to reach 175 percent of GDP

Marc Goldwein: U.S. debt projected to reach 175 percent of GDP
U.S. debt to hit 175 percent GDP

The long-term fiscal situation of the U.S. is under scrutiny, with debt projected to rise toward 175% of GDP and deficits to 9% of GDP.

Marc Goldwein outlined that even under current law, these figures present a troubling outlook, and under current policy, the risk of a debt spiral looms.

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