- Áú¹®³»¿ë - We've got a joint account pfiagara Meanwhile, President Obama and the Democrats must make hard choices theyâ?™ve long avoided. For example, they must rein in $16.7 trillion in debt. For 40 years, U.S. public debt averaged less than 40% of gross domestic product; today, it stands at more than 70% and is on track to equal GDP by 2038, no thanks to the haphazard automatic cuts that went into effect earlier this year.
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