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National debt surpasses $38 trillion milestone for first time in US history as spending surges
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As the US careens toward a potential debt default, Democratic and Republican negotiators held more talks to try to close a deal to raise the United States' self-imposed $31.4 trillion debt limit https://reut.rs/3WN8GMp | Reuters
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America's Debt Crisis Is Far Worse Than You Think
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With the national debt surging past $26 trillion, we asked top economists, analysts and policy makers why the deficit matters. Paul Krugman said the deficit doesn't matter too much and said instead the great danger is that America spends too little. Danielle DiMartino Booth countered by saying such a large debt puts U.S. sovereignty at risk and Congress needs to step up. Mohammed El-Erian said we need to win the war against the threat of a global depression and secure economic peace by creating
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