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Opinion | How the U.S. Went $40 Trillion in Debt
The problem isn’t tax cuts. Spending is way above historical norms.
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The U.S. national debt reached another record high of $40 trillion, as the government hasn't balanced its budget since the late 1990s. NBC News' Ryan Nobles takes a look at how the debt keeps snowballing across presidents from both parties.
The problem isn’t tax cuts. Spending is way above historical norms.