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US national debt hits 100% of GDP

Original: us national debt 100 percent gdp

The US national debt has reached 100% of gross domestic product, a milestone not seen since the Truman administration after World War II. Donald Trump has thus become the first president since Harry Truman to preside over a debt-to-GDP ratio at that level. The figure is fueling fresh debate about federal borrowing, deficit spending and long-term fiscal sustainability.

Why now: The debt-to-GDP ratio crossing the 100% threshold is a striking fiscal milestone that reignites concern over US deficits.

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Evidence

• Trump First President To See National Debt Hit 100% Of GDP Since Harry Truman · 24/7 Wall St.

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