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Story summary
- U.S. debt hit a record $39.5 trillion in June, with Jason Calacanis blaming President Donald Trump.
- Calacanis said Trump added $2.2–$2.3 trillion in each of his first two years and $3.16 trillion by July.
- The government paid $1.2 trillion in interest last year, exceeding the defense budget.
- Professor Usha Haley warned the United States can service the debt now but may not long-term.
