The US national debt has just reached 120.5% of the nation’s annual economic output, breaking a record set in 1946 for the highest debt level in the history of the United States.

The US national debt has just reached 120.5% of the nation’s annual economic output, breaking a record set in 1946 for the highest debt level in the history of the United States. https://t.co/qQ7hDf8sxZ

— FEE (@feeonline) June 22, 2020