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Capitol building The $29 trillion the CBO is projecting the country will owe by 2028 will be nearly 100 percent of GDP, or more than double the 50-year historical average, and the highest since World War II. Prior to the 2008 financial crisis, the debt-to-GDP ratio was 35 percent. (Photo: Fotolia)

Keith Hall, who is to Washington D.C. what a teetotaler is to a frat party, is not one for hyperbole.

Nick Thornton

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