_WHAT’S HAPPENING_
The US national debt has officially surpassed the size of the American economy for the first time since the aftermath of World War II. Data released by the Bureau of Economic Analysis show publicly held debt is climbing toward $39 trillion, with estimates suggesting it could reach around $54 trillion in the next decade.
The debt-to-GDP ratio now exceeds 100 percent, a threshold not crossed since 1946. Unlike the post-war period, when the debt fell quickly amid surging growth and declining spending, today's trajectory is on a steep ascent, with neither Democrats nor Republicans discussing reducing it.
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