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U.S. weighs options to address $40 trillion debt burden

The government is preparing for a difficult period as it considers a range of policy choices to reduce the $40 trillion debt load.

Reported · Written up by our desk · Economy

MarketWatch reports that the U.S. government is planning a crackdown aimed at addressing a national debt level of roughly $40 trillion.

The outlet says Washington has multiple options available, but none are described as easy, signaling a potentially disruptive process for fiscal policy.

MarketWatch also characterizes the outlook as a wrenching time ahead as policymakers navigate tradeoffs tied to debt reduction efforts.

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