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News Link • Economy - Economics USA

We’re Not Broke We Could Pay All Our Bills Without Borrowing a Cent

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But we’re not broke. Not at all. If we were, it would mean that we were out of money, unable to pay our bills, or meet our financial obligations. We are none of those things. A recent article by David J. Lynch of Bloomberg News points out that, actually, the United States continues to meet every one of its financial obligations with no trouble at all. The federal government is able to borrow funds at historically low interest rates.

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