U.S. debt-to-GDP ratio reaches 123% | Hacker News
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The U.S. debt-to-GDP ratio has climbed to 123%, raising fresh concerns about federal fiscal health.
Hacker News commenters debated the causes, pointing to government waste, pandemic relief, military spending, tax policy, and long-running deficit financing.
As debt loads rise, pressure is building on borrowing costs and budget tradeoffs, sharpening the debate over fiscal sustainability.