US Debt-to-GDP Ratio Fourth Highest Among Developed Economies, Reaching Highest Level Since World War II
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#01d5c86c ver:0.16

The US debt-to-GDP ratio is the fourth highest among developed economies, reaching its highest level since World War II. The ratio increased to 122% of GDP last year, highlighting the need for measures to reduce the debt. Economic growth alone may not be enough to address the problem, and the OECD suggests spending cuts and tax hikes in 2025, along with changes to the budgeting process. #USDebt #Economy #OECD...

#newstr #UsDebt #DebttogdpRatio #Oecd #EconomicGrowth #BudgetDeficit 

 https://here.news/story/01d5c86c?ver=0.16