Mises Institute: Only three months ago, the US debt crossed the $32 trillion mark. Here we are again, this week passing $33 trillion, with still no end in sight. As usual, Democrats are blaming Republicans, Republicans are blaming Democrats, as the political circus in Washington perpetuates a never-ending debt ceiling crisis. The New York Times attempts to shed light on some of the reasons behind this relentless debt growth. The Inflation Reduction Act of 2022 was previously estimated to
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