May 4, 2026
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1:21Now PlayingThe U.S. crossed a warning fiscal milestone last week: total government debt held by the public is now larger than the country's total GDP output.
Earlier this year, the Congressional Budget Office warned that shifting policies, including the One Big Beautiful Bill Act, tariffs, and lower immigration, are reshaping its economic outlook. Under current projections, the federal deficit could climb to $3.1 trillion by 2036.
#economy #debt #GDP #Trump #news
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