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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[–] 27 points 3 days ago*

Because repubs cut taxes for the wealthy and corporations and then spend spend spend.

Contrary to popular belief, they're fiscally irresponsible and bad for the economy (and everything else really)

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