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October 6th, 2022. Russia Continues to Lose Bodies and Battles. Will This Force a Nuclear Escalation?

The President's Daily Brief

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The National Debt Is a Very Important Issue

The U.S. national debt has passed $31 trillion for the first time in American history. Total household debt for Americans like your credit card bills, auto loans, and mortgages is now a record of $16 trillion. The Federal Reserve is raising interest rates to beat inflation which means as the federal government constantly refinances reissues debt, there are no longer paying that 0% introductory rate,. but rather something much, much higher.

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