U.S. debt to hit a record $3.3 trillion, bigger than the economy’s size for the first time since WWII

US Treasury Secretary Steven Mnuchin prepares to testify on "The President's FY2020 Budget Proposal" before the House Ways and Means Committee on Capitol Hill in Washington, DC, on March 14, 2019. (Photo by Jim WATSON / AFP) (Photo credit should read JIM WATSON/AFP/Getty Images)

The debt will exceed annual gross domestic product next year —

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