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The Unsustainable US National Debt: A Looming Crisis Ignored by 2024 Presidential Candidates
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- Tiny Tech News
The upcoming presidential election presents a concerning economic challenge: the national debt. Both leading candidates, despite acknowledging the issue, propose plans that involve tax cuts and increased spending, further exacerbating the problem. Experts warn that without significant measures to reduce the deficit, such as reforming entitlement programs like Social Security and Medicare, the national debt will continue to grow, potentially leading to a severe economic crisis. However, addressing this issue is politically unpopular, leaving the problem unaddressed and jeopardizing the nation`s financial future.
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