U.S. public debt was down to 1.4 percent of GDP in 1996, and may drop below 1 percent this fiscal year.
Changes in government policy have reduce the amount of US public debt.
mnli hypothesis: Changes in government policy have reduce the amount of US public debt. premise: U.S. public debt was down to 1.4 percent of GDP in 1996, and may drop below 1 percent this fiscal year.