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Government Gets Fatter as Americans Rack Up Record Credit Card Debt

Government Gets Fatter as Americans Rack Up Record Credit Card Debt
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Commentary

While the White House lectures on the strength of the economy, Americans are drowning in credit card debt, which hit a record-high $1.13 trillion by the end of last year.

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E.J. Antoni
E.J. Antoni
Author
E.J. Antoni, PhD, is a public finance economist and the Richard F. Aster research fellow in The Heritage Foundation’s Grover M. Hermann Center for the Federal Budget.
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