Understanding the cycle of U.S. deficit spending and rising debt amid Trump budget push – CBS News
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Understanding the cycle of U.S. deficit spending and rising debt amid Trump budget push – CBS News
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The U.S. economy is the largest globally, but its debt outweighs that distinction by trillions. Maya MacGuineas, president of the nonpartisan nonprofit Committee for a Responsible Federal Budget, joins “America Decides” to explain why that’s a problem, and how increasing that debt with the latest budget proposal could hurt average Americans.
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