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Debt Hits $40 Trillion and Rising | Annapolis News
Published 1 day, 3 hours ago
Description
The national debt has hit $40 trillion—double in just a decade—and the cost to service it now exceeds defense spending. Critics question big-ticket projects like a hip-hop museum, while experts warn of rising interest rates for mortgages and business loans unless we rein in spending and rethink programs like Social Security before it’s too late.
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