Monday, 23 January 2023

How the U.S. Government Amassed $31 Trillion in Debt

How the U.S. Government Amassed $31 Trillion in Debt

Two decades of tax cuts, recession responses and bipartisan spending fueled more borrowing — contributing $25 trillion to the total and setting the stage for another federal showdown.
Read more: https://www.nytimes.com/2023/01/22/business/economy/federal-debt-history.html?source=Snapzu

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