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Record $14 trillion-plus debt weighs on Congress (AP)

8:13am GMT, Monday, 17 January 2011

FILE - In this Dec. 16, 2010, file photo Treasury Secretary Timothy Geithner testifies on Capitol Hill in Washington before the Congressional Oversight Panel hearing on TARP. The United States just passed a dubious milestone: Government debt surged to an all-time high, more than $ 14 trillion. Geithner says failure to increase borrowing authority would be 'a catastrophe,' perhaps rivaling the financial meltdown of 2008-2009.  (AP Photo/Alex Brandon, File)AP - The United States just passed a dubious milestone: Government debt surged to an all-time high, topping $ 14 trillion — $ 45,300 for each and everyone in the country.



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