“Over the long term, it is unsustainable for debt to grow faster than the economy grows,” the GAO report says. The public debt is projected to “grow more than twice as fast as the economy over the next 10 years, reaching 123% of the size of the economy in 2036.”
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“Over the long term, it is unsustainable for debt to grow faster than the economy grows,” the GAO report says. The public debt is projected to “grow more than twice as fast as the economy over the next 10 years, reaching 123% of the size of the economy in 2036.”
