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"Doom Loop" Engaged: US Debt Hits $40 Trillion As Treasury Enters The Endgame
"Doom Loop" Engaged: US Debt Hits $40 Trillion As Treasury Enters The Endgame
It took the US 200 years to reach its first $1 trillion in debt. It took 95 days to add its last.
After several weeks of build up, today the Treasury announced that total public debt surpassed $40 trillion for the first time, after jumping by over $60 billion in one day, and has now surged by $1 trillion in just over three months, and by a third of the total in less than five years, as US lawmakers...
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Jul 16, 2026 / Tyler Durden
NYC Council Grapples With Debate Over Bill To Ban Horse-Drawn Carriages
NYC Council Grapples With Debate Over Bill To Ban Horse-Drawn Carriages
Authored by Nicholas Zifcak via The Epoch Times,
The family of Romanch Mahajan delivered emotional testimony over video link and in person on July 15, during a New York City Council hearing about a law that would phase out carriage horse rides in Central Park.
Tearful aunts and uncles of the deceased 18-year-old urged city council to outlaw the horse-drawn carriage rides and spare other families the grief they are still struggling to cope with.
The law, renamed in honor of the...
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Aug 13, 2026 / Dave DeCamp
Israel Assassinates Gaza Police Official as It Continues Violating Ceasefire
Israel assassinated a police official in Gaza on Thursday, the Quds News Network reported, as the IDF continues its constant violations of the October 2025 ceasefire deal despite President Trump recently announcing that a deal had been reached on Hamas disarmament. The Quds report said that the official, Col. Jamal Abu Kumeil, was the chief […]
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Jul 16, 2026 / Kyle Anzalone
US Strikes on Iran Intended to Create Options for Trump to Escalate Conflict
The US is striking targets in Iran in an effort to give President Donald Trump more military options to escalate the conflict. Three US officials explained to Reuters that the current strikes against Iran are “shaping operations” meant to provide Trump with further options to escalate the conflict. The article did not discuss which options […]
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