Has the national debt (measured as a portion of the U.S. economy) ever been higher than it is now?
The national debt is currently 103% of the U.S. economy, which is the largest it has been in U.S. history except for three years near the end of World War II. However, the World War II debt was a temporary spike that quickly fell after the war. In contrast, the Congressional Budget Office projects that under current federal policies the national debt will continue rising and permanently eclipse the peak debt of World War II.
DocumentationNational Debt Situation