[BroJoeK]

"drives national debt to 80 percent of GDP"

According to this site, Senator Judd is understating the problem.

In 2010, US GDP is $14.7 trillion.
US national debt is 98% of GDP = $14.4 trillion.

In January 1940, on the eve of WWII, national debt was 42% of GDP.

From 1969 through 1982, national debt was about 35% of GDP.

The only time it was ever higher than today resulted from the peak of WWII spending: from 1944 to 1947.

[BroJoeK]

Ooooops. Senator "Judd" = Senator Gregg.

Where is that coffee... ;-)

[SunkenCiv]

Thanks BroJoeK.