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John Ellis · News Items

Oct 6, 2026 · 19s listen · Last updated October 6, 2026

1. S. deficit and fuel a partisan clash over raising the debt ceiling and how much borrowing could be too much.

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An era of ultra-cheap debt is over in Washington as higher borrowing costs widen the U.S. deficit and fuel a partisan clash over raising the debt ceiling and how much borrowing could be too much. The Treasury’s spending on interest on the debt was $261 billion in the first four months of this fiscal year, a 33% increase from $196 billion spent in the…

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Weekend News Items. · Storyflo