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US debt exceeds GDP for first time since WW II as Fitch warns credit rating could fall further

On Thursday, the nonpartisan watchdog Committee for a Responsible Federal Budget (CRFB) announced that U.S. debt held by the public, estimated to be $31.27 trillion, officially surpassed the country’s annual GDP of $31.22 trillion in March, basing it… [4064 chars]

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