The Treasury Building in Washington, on May 4, 2021. The U.S. Treasury has announced that the nation's gross national debt has surpassed $34 trillion. The record high comes after Republican lawmakers and the White House had agreed to temporarily lift the nation's $31.4 trillion debt limit last year after the government ran up against its legal borrowing capacity and needed to implement "extraordinary measures" to avoid a default. (AP Photo/Patrick Semansky)
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