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Open original source ↗The CBO’s director says the U.S. would need to grow at nearly triple its normal pace just to keep its debt from getting worse.
To stabilize debt as a share of GDP, the economy would need 5–6% real growth and 7–8% nominal growth, CBO Director Phillip Swagel says, assuming the government borrows at around 4–5%.
The U.S. economy typically grows about 2% a year after inflation.