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The $37 Trillion Problem: Is America's Debt Out of Control?
Manage episode 502872041 series 2918155
The U.S. national debt has rapidly escalated to over $37.2 trillion and is projected to hit $54 trillion within a decade, signaling an unsustainable fiscal path. This alarming growth is prompting credit rating downgrades, with soaring interest payments now exceeding Medicare and defense budgets and potentially stifling future economic investments.
319 episodes
Manage episode 502872041 series 2918155
The U.S. national debt has rapidly escalated to over $37.2 trillion and is projected to hit $54 trillion within a decade, signaling an unsustainable fiscal path. This alarming growth is prompting credit rating downgrades, with soaring interest payments now exceeding Medicare and defense budgets and potentially stifling future economic investments.
319 episodes
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