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US Business · fortune.com · Sunday, 7 June 2026

U.S. debt becomes unsustainable past 210% of GDP, says Penn Wharton

The Penn Wharton Budget Model warns that once federal debt exceeds roughly 210% of GDP, no feasible labor‑tax hike can cover interest payments, raising the risk of a default crisis. Reaching that threshold could require a permanent 15‑point increase in labor taxes and may arrive decades earlier if healthcare costs surge.

Read the source: fortune.com ↗In the 7 June issue →