Range reports AI-driven productivity gains could help combat America's rising debt crisis by boosting GDP, increasing tax ...

In fact, CBO estimates that US debt as a share of GDP will set a new record this decade, climbing from about 100% now to 107% in 2029 and topping the 1946 peak of 106%.

Goldman Sachs analysts said in a note that they now project a debt-to-GDP ratio of 130% by 2034, a significant increase from their previous forecast of 97%.

The U.S. tax and spending bill passed on July 3 is expected to add more than $3 trillion to the country’s deficit over the next decade. If the current debt trajectory continues unabated, it could set ...