Our national debt now stands at $20 trillion. That’s $146,000 for every American household. Just mentioning such a terrifying number should be redundant at this point, but recent announcements by the U.S. Treasury Department pushing for a “clean” debt ceiling increase by the end of September demonstrates that the point bears repeating.
This “clean” increase would simply increase the borrowing authority of the government while irresponsibly ignoring the urgency of reforms.
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