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Pedestrians walk past a poster and electronic billboard displayed at 18th and K St's NW that displays the current national debt per person and as a nation at $32 trillion in Washington on July 5, 2023. Jemal Countess/Getty Images for the Peter G. Peterson Foundation
The growing national debt presents a “great concern” to attorney and tax reform advocate Steven L. Hayes, but he’s skeptical about whether either of the two major U.S. political parties has what it takes to address the issue.
The national debt currently sits at more than $34.6 trillion. That figure has grown over the years under Republican and Democratic Congresses and administrations.
