| | '''1)''' I put a link to my new essay in my essay at [[Essay: The United States will be the leading power in the world for the foreseeable future|The United States will be the leading power in the world for the foreseeable future]]. So it made that essay stronger. | | '''1)''' I put a link to my new essay in my essay at [[Essay: The United States will be the leading power in the world for the foreseeable future|The United States will be the leading power in the world for the foreseeable future]]. So it made that essay stronger. |
| − | '''2)''' I just found out this information due to writing the new essay As far as the [[national debt of the United States]], according to the Wharton School of the University of Pennsylvania article [https://budgetmodel.wharton.upenn.edu/issues/2023/10/6/when-does-federal-debt-reach-unsustainable-levels#:~:text=As%20of%20September%2030%2C%202023,98%20percent%20of%20projected%20GDP. ''When Does Federal Debt Reach Unsustainable Levels?'']: "As of September 30, 2023, the federal “debt held by the public” (herein, “debt”) stood at $26.3 trillion, or about 98 percent of projected [[GDP]]...Table 1 shows that between 2040 and 2045---or in about 20 years---the U.S. debt-GDP ratio will hit between 175 and 200 percent under current fiscal policy, depending on the assumed interest rates. The Appendix shows very little difference when instead using [[Congressional Budget Office|CBO]]’s projections." | + | '''2)''' I just found out this information due to writing the new essay: As far as the [[national debt of the United States]], according to the Wharton School of the University of Pennsylvania article [https://budgetmodel.wharton.upenn.edu/issues/2023/10/6/when-does-federal-debt-reach-unsustainable-levels#:~:text=As%20of%20September%2030%2C%202023,98%20percent%20of%20projected%20GDP. ''When Does Federal Debt Reach Unsustainable Levels?'']: "As of September 30, 2023, the federal “debt held by the public” (herein, “debt”) stood at $26.3 trillion, or about 98 percent of projected [[GDP]]...Table 1 shows that between 2040 and 2045---or in about 20 years---the U.S. debt-GDP ratio will hit between 175 and 200 percent under current fiscal policy, depending on the assumed interest rates. The Appendix shows very little difference when instead using [[Congressional Budget Office|CBO]]’s projections." |