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The U.S. debt tops a record-shattering $40 trillion. Yes, with a T.

The U.S. debt tops a record-shattering $40 trillion. Yes, with a T.
Photo: Texas Public Radio (TPR) - News · view original

The federal debt reached $40 trillion as the government adds red ink at a rapid rate. That's leading nervous investors to demand higher interest rates —pushing up borrowing costs for everyone else.

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