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flag U.S. debt hits $38 trillion due to deficits from tax cuts, inflation, and interest, with no legislative solution in sight.

flag The U.S. national debt has reached $38 trillion, driven by rising government spending and persistent fiscal challenges, as lawmakers remain gridlocked on long-term budget solutions. flag The increase reflects growing deficits from tax cuts, inflation, and rising interest payments on existing debt, raising concerns about economic stability and future fiscal sustainability.

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