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gross national debtThe Fiscal Times
•64% Informative
The gross U.S. national debt surpassed $36 trillion for the first time on Thursday .
Debt held by the public a subset of the gross national debt that excludes debt the government owes to itself has also been rising to record highs.
The debt is expected to increase by trillions of dollars at a fairly rapid rate for the foreseeable future unless lawmakers act to change course.
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