On the recordMay 18, 2015
Gross debt in excess of 90 percent of GDP has typically been associated with mean growth of 1.7 percent versus 3.7 percent growth when debt is low, under 30 percent.
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congress.govGross debt in excess of 90 percent of GDP has typically been associated with mean growth of 1.7 percent versus 3.7 percent growth when debt is low, under 30 percent.
Sessions highlights research showing the negative impact of high debt on economic growth.
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