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BTC $78,714.03 -0.52%
ETH $2,499.19 +0.35%
BNB $753.10 +1.82%
XRP $1.44 +3.49%
SOL $104.39 +0.56%
TRX $0.3389 +1.37%
DOGE $0.0906 +0.94%
ADA $0.2252 +2.44%
BCH $259.63 -0.14%
LINK $12.75 -0.27%
HYPE $84.47 -0.68%
AAVE $130.37 -1.26%
SUI $0.8251 +0.37%
XLM $0.1907 +0.39%
ZEC $1,179.95 +1.62%

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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