The CBO Just Projected America's National Debt Will Hit 120% of GDP by 2036, and the 'One Big Beautiful Bill' Is the Biggest Reason Why
The Congressional Budget Office projects the federal deficit will reach $1.853 trillion in 2026 and the national debt will hit a record 120% of GDP by 2036, driven by the One Big Beautiful Bill's $4.7 trillion in added deficits.