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U.S. credit card debt reaches record $1.13 trillion, sparks concerns, political debate

There s plenty of reaction in Washington to the new Federal Reserve Report showing america s credit card debt hit a record $1.13 billion last quarter.

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Hundreds of billions in 'improper payments' contributing to national debt surpassing $34T

When lawmakers return to Washington next week they have their work cut out for them. Top of the list will be passing a budget by Jan. 19.

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