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U.S. National Debt Hits Record $22 Trillion
Federal deficits are now expected to average $1.2 trillion, or 4.4 percent of gross domestic product — far higher than the average over the past 50 years.
Federal deficits are now expected to average $1.2 trillion, or 4.4 percent of gross domestic product — far higher than the average over the past 50 years.