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Budget Digest: Modern Monetary Theory

As our nation’s $22 trillion debt continues to grow,[1] some lawmakers and economists are turning to Modern Monetary Theory (MMT) to answer objections to the…

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Budget Digest: The Nation's Federal Debt

The nation’s federal debt, which surpassed $22 trillion earlier this year, is the cumulative level of annual deficits and surpluses over time.[1] It is comprised…

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