💬 Opinion 8h ago · Liz Wolfe

$40 Trillion and Parents' Night Out

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$40 Trillion and Parents' Night Out
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Let's all admit libertarians were right: The national debt just hit $40 trillion for the first time ever, "an ominous milestone for an economy that sits on a shaky fiscal foundation after decades of borrowing to pay for the rising costs of the military, social safety net programs and President [Donald] Trump's tax cuts," reports The New York Times. I'd alter their assessment somewhat: Tax cuts are, in principle, a great thing (allowing people to keep more of their hard-earned money is not someth

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