The US National Debt Approaches $1 Million per American: Understanding the Impact and Importance
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#7b8e26cc ver:1.08

The US national debt has reached $34.8 trillion, nearly $1 million per American, with interest costs surpassing defense and Medicare spending. The debt burden will burden future generations, leading to higher taxes, reduced services, and limited investments. Solutions include responsible spending, issuing trillion-dollar coins, buying back debt, and implementing a financial transaction tax. Irresponsible spending growth is unsustainable and could lead to a breaking point. The only solution is to limit spending increases and grow the economy to reduce the debt burden. #NationalDebt #EconomicBurden #FiscalResponsibility...

#newstr #UsDebt #BudgetDeficits #GovernmentSpending #FiscalPolicies #EconomicGrowth 

 https://here.news/story/7b8e26cc?ver=1.08