August 24, 2026
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1:03Now PlayingThe United States has been spending more than it is taking in, and lawmakers have not yet been willing to make bigger cuts to rein in the now-$40 trillion national debt.
"The way the president speaks about this, he does not seem to treat this like it is an urgent concern," says Michelle Price of the Associated Press.
Price said that “we have not really heard a detailed plan from the administration on what kind of probably painful cuts they might make to kind of address this issue.”
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