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U.S. unable to solve debt issue
The United States has surpassed $40 trillion in national debt, driven by persistent budget deficits, rising inflation, and increased borrowing amid geopolitical tensions. Economists warn that with current interest rates exceeding growth rates, the debt is on an unsustainable path, as economic growth would need to significantly accelerate—a scenario deemed unlikely without policy changes. Efforts to address the crisis are hampered by political disagreements over raising taxes, cutting spending, and immigration reform, while bond markets signal concern with rising yields and borrowing costs.
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