Scenarios load with the GDP forward curve.
$981,370 volDebt rolled from CBO's Dec 2025 level (~$30.2T, pub 62105 Table 1-3): CBO's primary-deficit share of GDP (Table 1-2, interest-free) plus interest that reprices ~17% of the stock a year toward the fed funds market, over nominal GDP built from the KXGDPYEAR growth markets and the CPI inflation markets. Each line shifts the primary-deficit share; 0 = CBO. For reference.
