U.S. national debt hits new record, topping $35 trillion

Jul 31, 2024 - 11:00
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U.S. national debt hits new record, topping $35 trillion
The U.S. national debt has surpassed $35 trillion for the first time. The financial hole is mounting quicker than most economists had predicted. David Wessel, senior fellow in economic studies at Brookings and director of the Hutchins Center on Fiscal and Monetary Policy, joins CBS News to assess the problem.

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