U.S. Debt Has Downgraded?! What It Means For You!
Due
AUGUST 2, 2023
Since 2001, the government has consistently spent more money than it generates through various sources of revenue, resulting in a habit of borrowing to cover expenses and creating an ever-growing debt burden. Imagine a friend who, for each year since 2001, consistently earns $50,000 but spends $65,000.
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