The Wall Street Journal
The Wall Street Journal
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The U.S. Is at WWII Levels of Debt. Will It Sink the Economy?

Posted

July 29, 2025

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One of the core issues between Elon Musk and President Donald Trump’s feud is over Republican’s “big, beautiful bill” in Congress. Musk is concerned about how much it raises the national debt.

The U.S. national debt is on its way to $30 trillion dollars and is projected to be more than 100% of GDP at the end of this year. So is that… bad? Let’s look at what the debt is, how it affects the economy and how much is too much?

#Debt #Economy #Shorts

Guests & Subjects Covered

Elon MuskPresident Donald TrumpsCongress MuskThe USDebt Economy Shorts

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The U.S. Is at WWII Levels of Debt. Will It Sink the Economy? · The Wall Street Journal · Sentinel