
Axios
America's capital crunch: Soaring debt collides with AI spending spree
Center Left
America is caught in a historic capital squeeze:On one side: Trillions Washington must borrow to pay for the past.On the other: Trillions the economy needs to build the future.Why it matters: The next president will inherit a fiscal reckoning decades in the making. The price it exacts ā on taxes, benefits, borrowing and investment ā could shape America'sā¦
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