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Debt levels have risen in many sectors of the economy.
Today's young adults are more likely to have student debt than their historical peers.
The U.S. personal saving rate increased drastically in 2020.
The U.S. national saving rate has declined significantly since the mid-1960s.
Despite recent declines, U.S. household debt is still very high relative to disposable income.
Millennial households have relatively few assets.
The growth of the labor force is slowing.
CBO projects that interest rates will remain low throughout the decade.
Defense spending is projected to stay below its historical share of GDP.