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US Debt Crisis Deepens as National Debt Surpasses $35 Trillion

July 30, 2024
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The U.S. nationwide debt has exceeded $35 trillion, highlighting the nation’s extreme fiscal challenges as debates over taxes and spending proceed. The Congressional Funds Workplace forecasts the debt may surpass $56 trillion by 2034, pushed by rising expenditures and curiosity prices outpacing tax revenues. Excessive rates of interest, surprising pandemic-related program prices, and sturdy demand for […]



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