U.S. Debt Crisis Escalates: Market Demands Treasury Secretary Prove Fiscal Responsibility Amid $40 Trillion Burden

The Treasury Secretary's latest long-term bond buyback plan has failed to calm market nerves. Analysts warn that bond market volatility signals deep distrust in the government's commitment to tackling the $40 trillion debt burden. Without credible fiscal reforms, a larger crisis may be brewing, though tax hikes or austerity remain politically difficult before the midterms.

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