US Debt Surges Past $39 Trillion
Sydney News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
The U.S. national debt has surpassed thirty-nine trillion dollars, with a projected rise to forty trillion this year. This surge is driven by deficits exceeding two trillion dollars and interest payments topping one trillion. The debt doesnt account for illegal tariff refunds and war costs. Trump and Biden added significant debt, and its projected to rise over six trillion under Bidens watch. Fuel prices have spiked, impacting Treasury Secretary Bessents economic plan. Unfunded Social Security and Medicare liabilities total around eighty trillion dollars, adding to the nations obligations and potential global market impact.
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