Rand Paul Blasts $432 Billion Record Deficit as National Debt Nears $40 Trillion: 'Time for Washington to Get Serious'
Rand Paul blasted the record $432 billion July deficit, urging Washington to rein in spending as debt nears $40 trillion.
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Why It Matters
The U.S. government is spending way more money than it takes in, which means it's borrowing a lot. When governments borrow too much, it can eventually affect how companies and people do business.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
Disclosure: Educational and informational purposes only — not financial advice. We educate, not advise. Market data may be delayed up to 15 minutes unless marked real-time. Past performance is not indicative of future results.