Debt is becoming a major campaign issue in 2024. I don’t mean the national debt, which today stands at 99 percent of gross domestic product and which, the Congressional Budget Office projects, will total 116 percent of GDP 10 years from now. Nor do I mean student debt, which President Joe Biden has either reduced or eliminated for close to four million people, to the tune of nearly $138 billion. No, the debt that haunts campaign 2024 is personal debt—specifically the half-billion in fines that former President Donald Trump owes from two recent legal judgments against him. It’s a campaign issue because, judging from Trump’s past behavior, he will pay off this half-billion-dollar debt just as
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