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Yeah. I don't quite know what the article author meant when he said that either. Perusing these two US Treasury tables, I get a distinctly different impression:

https://www.treasurydirect.gov/govt/reports/pd/histdebt/hist...

https://www.treasurydirect.gov/govt/reports/pd/histdebt/hist...

I guess it depends on what the meaning of "close" is.



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