The US National Debt: A Looming Crisis for the Economy and the World
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#7b8e26cc ver:1.12

The US national debt has reached $34.8 trillion, with interest costs surpassing spending on defense and Medicare. The debt burden poses risks to the economy and the world. Solutions include responsible spending, issuing trillion-dollar coins, buying back debt, and implementing a financial transaction tax. The debt is held by various entities, and its consequences include higher taxes and reduced public services. Stabilizing the debt requires addressing it through fiscal discipline and international cooperation. #NationalDebt #EconomicCrisis #FiscalResponsibility...

#newstr #UsNationalDebt #InterestCosts #BorrowingVsPrinting #TrilliondollarCoins #FinancialTransactionTax #BidenAdministration #GovernmentSpending #Taxes 

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