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Deficit - The Federal Money Pit

Deficit - The Federal Money Pit

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Nick Ledger examines America's staggering federal deficit crisis, breaking down how the government spends $6.7 trillion annually while revenues fall nearly $2 trillion short. The episode covers mandatory spending, rising interest payments, and projections showing deficits ballooning to $3.1 trillion by 2036, explaining the economic consequences of decades without a balanced budget.

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