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Director / Editor: Victor Teboul, Ph.D.
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Independent and neutral with regard to all political and religious orientations, Tolerance.ca® aims to promote awareness of the major democratic principles on which tolerance is based.

US is spending record amounts servicing its national debt – interest rate hikes add billions to the cost

By Gerald P. Dwyer, Professor Emeritus of Economics and BB&T Scholar, Clemson University
The US spent $213 billion paying interest on the national debt in the fourth quarter of 2022 as the Fed jacked up borrowing costs at an unprecedented pace.The Conversation


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