US national debt hits $37 trillion, surpassing expectations

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Source: New York Post
US national debt hits $37 trillion, surpassing expectations
Photo: New York Post
TL;DR Summary

The US national debt has surpassed $37 trillion, reaching this record earlier than expected due to rapid borrowing during the COVID-19 pandemic, legislative changes including tax cuts, and rising interest costs, raising concerns about long-term economic stability and government spending priorities.

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