US Debt Hits 80-Year Milestone as Deficits Persist

U.S. debt held by the public reached 100% of the nation's annual economic output in the fiscal year that ended Sept. 30, hitting that year-end threshold for the first time since 1946. The federal government previously reported publicly held debt of $32.2 trillion as of Sept. 30. Economic data put that amount at 100.03%...