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In a first, America’s national debt crosses $30 trillion

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In a first, America’s national debt crosses  trillion

The U.S. national debt hit a new milestone, surpassing $30 trillion, according to data released by the U.S. government’s Treasury Department on Tuesday. Financial experts cited by US media such as CNN and Axios are still divided on “how much debt is too much” and how big an issue this really is for the country, but they all agree on one thing – the latest debt milestone is here A delicate transition period for U.S. fiscal and monetary policy, where borrowing costs are expected to rise and have broader effects on the economy.

Total outstanding public debt stood at $30.1 trillion as of Jan. 31, up nearly $7 trillion from what the country owed lenders in late January 2020 before the pandemic hit the economy, U.S. Treasury data showed.

There are many reasons behind the surge in public and intra-government debt in Washington — one of which is increased government spending during the Covid-19 pandemic. It is during this period (since late 2019) that the federal government has borrowed nearly $7 trillion from foreign investors, led by Japan and China, that will eventually need to be repaid, according to CNN.

Another reason cited by U.S. financial experts is the gradual accumulation of national debt since the 2008 financial crisis, nearly a decade before the pandemic.

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In December 2007, just as the global recession known as the Great Recession began, the U.S. national debt outstanding hit $9.2 trillion. According to CNN, when Donald Trump became president of the United States, the country’s national debt was already as high as $20 trillion.

Revenue losses from the 2017 Trump Administration’s Tax Cuts and Jobs Act (TCJA) tax cuts will add about $1-2 trillion to the federal government between 2018 and 2025, according to the Tax Policy Center. Debt, deficit increases could be exacerbated several times by the pandemic.

During the Biden administration, Congress also approved trillions of dollars in pandemic plans to support small businesses, unemployed workers and their families and other groups.

Complete News Source : Hindustan Times

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Review of the spy thriller “Heart of Stone”: Alia Bhatt shines.

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Review of the spy thriller “Heart of Stone”: Alia Bhatt shines.

In a realm where intrigue and suspense collide, Bollywood’s beloved star Alia Bhatt has once again proven her mettle in the enthralling spy thriller “Heart of Stone.” Directed by the visionary Raj Mehta, this cinematic marvel takes audiences on a roller-coaster ride through espionage, deception, and unrelenting action, with Bhatt’s luminous performance at its epicenter.

A Glimpse into the Plot

“Heart of Stone” delves into the shadowy world of espionage, where nothing is as it seems, and allegiances can crumble in an instant. Bhatt’s character, Maya Verma, is a compelling enigma—a resolute intelligence operative navigating a labyrinth of covert operations and intricate deceptions. As the layers of the narrative peel away, Maya finds herself ensnared in a high-stakes game where trust is elusive and danger lurks in every frame.

The Resplendent Alia Bhatt

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Alia Bhatt’s portrayal of Maya Verma is nothing short of a revelation. Known for her remarkable versatility, Bhatt imbues Maya with a potent mix of strength and vulnerability. With every expression, every gesture, she breathes life into a character that resonates on both emotional and cerebral levels. Bhatt’s artistry reaches its zenith as Maya grapples with inner demons while outwitting her adversaries—a captivating dance that only an actress of her caliber could orchestrate.

Raj Mehta’s Directorial Panache

Raj Mehta, celebrated for his directorial finesse, orchestrates the tapestry of “Heart of Stone” with masterful precision. Seamlessly weaving heart-thumping action sequences and labyrinthine plot twists, Mehta keeps the audience on the edge of their seats. His meticulous attention to detail manifests in every scene, painting a cinematic canvas that’s as thrilling as it is visually arresting.

Supporting Cast: A Tapestry of Brilliance

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The constellation of talent in “Heart of Stone” goes beyond Alia Bhatt. The ensemble cast, featuring Rajkummar Rao, Aditi Rao Hydari, and Vicky Kaushal, contributes to the film’s tapestry with their impeccable performances. The chemistry between the characters adds depth to the narrative, amplifying the emotional resonance and enriching the overall storytelling.

A Symphony of Cinematic Excellence

“Heart of Stone” is an embodiment of cinematic finesse. The film’s production values, from picturesque locations to evocative cinematography, envelop the viewer in a sensory feast. The musical score, composed with an acute understanding of the narrative’s ebbs and flows, elevates the tension and emotions, further ensnaring the audience in the movie’s spellbinding aura.

A Triumph of Genre Fusion

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Critics and audiences alike have bestowed “Heart of Stone” with effusive praise for its seamless fusion of espionage, action, and drama. The film’s ingenious plot twists, coupled with Alia Bhatt’s extraordinary performance, thrust it into the echelons of standout espionage thrillers. It’s a symphony of storytelling that resonates long after the credits roll.

In a year replete with cinematic treasures, “Heart of Stone” stands tall as an embodiment of brilliance. Alia Bhatt’s luminosity shines with unparalleled intensity, solidifying her place as one of Bollywood’s brightest stars. This cinematic tour de force is a must-watch, an experience that unearths the magic created when remarkable talent converges to craft an indelible cinematic journey.

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