Current‑dollar GDP increased 4.8 percent at an annual rate, or $327.5 billion, in the first quarter to a level of $28.28 trillion. https://www.bea.gov/news/2024/gross-domestic-product-first-quarter-2024-advance-estimate
Debt to the Public is today $27.46 trillion, so the ratio is 97.0%.
I just recently started tracking this ratio. On October 26, it was 96.0%, so this is growing about 2.0% per year.
We haven't hit 100% yet, but at the current rate we should hit it in about 1.5 years, by about October 2025.
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