The US National Debt Reaches Over $34 Trillion, Exceeding GDP
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#7b8e26cc ver:1.14

The US national debt has exceeded $34 trillion, surpassing the country's GDP. The debt is a result of persistent budget deficits and spending on various programs. The government's reliance on short-term borrowing and the challenge of controlling inflation add to concerns. The wide distribution of Treasury securities means that if demand decreases, yields will rise. The consequences of the debt include higher taxes, reduced public services, and limited investments. Responsible management of government spending and prudent fiscal policies are crucial to address the challenges posed by the debt and ensure sustainable economic growth. #NationalDebt #USDebtCrisis #FiscalPolicy...

#newstr #UsNationalDebt #GovernmentFinances #FederalDeficit #DebtService #FiscalDiscipline #SpendingCuts #FederalSpending 

 https://here.news/story/7b8e26cc?ver=1.14