Due to borrowing to cover the budget deficit.
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✅ Simply put:
America spends more than it earns from taxes.
It borrows money by selling Treasury Bonds.
This accumulated borrowing is called the national debt.
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🔢 The current number (June $BTC
---
✅ Simply put:
America spends more than it earns from taxes.
It borrows money by selling Treasury Bonds.
This accumulated borrowing is called the national debt.
---
🔢 The current number (June $BTC