Once and For All, Is It Spending...Or Taxes?

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In case you didn't know, you can find America's debt clock, ticking away, deep in the folds of the internet, tracking the nation's rising deficit in real time here.

And because this article is not about making you click, let's go ahead and explain up front that the nation's debt is at around $33.7 trillion and its deficit, in the latest fiscal year, has effectively doubled to punch above $1.7 trillion.

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Source Fool.com