U.S. National Debt Hits 123% of GDP, Federal Data Shows
The U.S. federal debt-to-GDP ratio has reached 123%, according to data published by the Federal Reserve Bank of St. Louis. The metric, tracked through the FRED economic database, reflects the size of the national debt relative to the country's total economic output. A ratio above 100% indicates that the government owes more than the entire economy produces in a year. This level raises concerns among economists about long-term fiscal sustainability and the country's capacity to service its debt obligations.
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