Greg Ip: U.S. national debt tops 100 percent of GDP for first time

Greg Ip: U.S. national debt tops 100 percent of GDP for first time
U.S. debt exceeds GDP milestone

Greg Ip, industry influencer, reports that the U.S. national debt has now exceeded 100 percent of gross domestic product, crossing a historic threshold. As of March 31, publicly held federal debt was at 100.2 percent of the 12-month trailing nominal GDP, up from 99.5 percent on September 30.

Greg Ip has moderated events on related fiscal topics in the past. He announced he would lead a Wednesday panel on current account imbalances with leaders from the IMF and Bank of England. The event gathered experts to discuss global economic flows.

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