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BTC $64,115.57 +1.04%
ETH $1,896.14 +0.01%
BNB $600.27 -0.51%
XRP $0.9965 -0.06%
SOL $76.14 +1.14%
TRX $0.3323 +0.23%
DOGE $0.0697 -0.31%
ADA $0.1738 +0.50%
BCH $203.08 -0.06%
LINK $9.41 -1.09%
HYPE $59.31 +0.26%
AAVE $89.24 +3.15%
SUI $0.6522 -3.36%
XLM $0.1532 -2.50%
ZEC $504.61 -0.93%

U.S. Senator Cynthia Lummis: The Bitcoin Strategic Reserve Plan Can Prevent Uncontrolled Growth of U.S. National Debt

2024-07-30 14:48:20

ChainCatcher news, friendly U.S. Senator Cynthia Lummis posted on X platform stating that the U.S. national debt has reached $35 trillion, and Bitcoin's strategic reserve can stop this out-of-control train.

This week, U.S. national debt has surpassed $35 trillion for the first time. According to the Congressional Budget Office, as spending and interest expenses grow beyond tax revenue, the national debt is projected to reach $56 trillion by 2034.

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