CBO: US debt will spike to record high by 2029, despite debt ceiling deal

US debt held by the public will climb to a record high of 107% of gross domestic product in 2029, the nonpartisan Congressional Budget Office projected on Wednesday.

​CNN.com – RSS Channel US debt held by the public will climb to a record high of 107% of gross domestic product in 2029, the nonpartisan Congressional Budget Office projected on Wednesday. 

Read More US debt held by the public will climb to a record high of 107% of gross domestic product in 2029, the nonpartisan Congressional Budget Office projected on Wednesday. 

 

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