More than seven years ago I advanced this assertion in a blog post.
Republican control of government has now produced a ten-year outlook likely to push publicly held national debt close to $30 trillion by 2028. Debt as a percentage of the economy would be the highest since 1946 and perhaps the highest ever recorded - depending on how much of the tax bill is extended.
Holy Smokes! I was clearly off the mark. Biggly!
Last time I looked the federal debt is currently north of $36.2 trillion.
Makes you wonder what it will amount to by the time 2028 rolls-around.....
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