Our current fiscal policy is simply not sustainable. And without changes, we're headed towards an economic catastrophe. In its last financial report, The US treasury said our public debt to GDP ratio now sits at 99%. That means the amount of debt we owe is nearly the same size as the entire United States economy. Our debt to GDP ratio is the highest it has been since World War II. (02:16–02:22)
CLAIM
Asserts that the U.S. public debt to GDP ratio is currently 99%.
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