The David Lin Report · Monday, June 29, 2026
According to the CBO, US debt will reach a record 120% of GDP by 2036, surpassing World War II levels and involving a $25 trillion increase in debt held by the public. This unprecedented fiscal trajectory lacks historical reference points in the US.
“Debt will reach a record 120% of GDP by 2036, uh, which is less than 8 years from now.”
“The CBO projects that debt held by the public will grow by $25 trillion, meanwhile, deficits will exceed $3 trillion by 2036.”
“To put into perspective, this is now going to be greater than the World War II level of debt to GDP.”
“It's truly unprecedented and it's the first of its kind in America.”