Here we are on Friday night and let me say go woke, go broke. According to the Congressional Budget Office, through June, total federal debt in the hands of the public is $21.7 trillion dollars. Total debt itself, which includes intergovernmental transfers (like social security, trust funds), comes to $28.5 trillion dollars. So, call it 100% of GDP. It's a nice round number and easy to remember. Under current law, the CBO estimates federal debt in public hands will be $35.8 trillion by 2031...
