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America’s $40 trillion debt is coming for your wallet

America’s $40 trillion debt is coming for your wallet

Summary

The U.S. national debt has passed $40 trillion during President Donald Trump's second term. Rising interest payments and inflation are causing concerns about reduced public services and the value of the dollar.

Key Facts

  • The U.S. national debt is over $40 trillion.
  • This milestone happened while President Donald Trump is in office for his second term.
  • Interest payments on the debt are increasing.
  • Higher interest costs may reduce money available for public services like education and healthcare.
  • Inflation is making the dollar less valuable.
  • Critics say these financial issues could affect the economy and everyday Americans.
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