The national debt is expected to hit a record high as soon as this week, crossing a major threshold of $40 trillion. Congressional correspondent Lisa Desjardins explains why that milestone is a warning sign for many economists.

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Personally I'm convinced you could cut the military budget by about 75 percent over a ten year period if you got rid of use it or lose it budgets and built government owned manufacturing for certain military stuffs. There's no reason ammo, uniforms, MREs, and maybe even light vehicles can't be produced in house. Also in addition military needs right to repair and the ability to pay bulk market rates for things like toilet paper.

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