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(WASHINGTON) — Superstorm Sandy will end up causing about $20 billion in property damages and $10 billion to $30 billion more in lost business, according to IHS Global Insight, a forecasting firm.
The United States racked up $41,210 in debt every second of every day in 2011 -- making the federal deficit the largest portion of the economy since the height of war spending in the 1940s. That shocking statistic was released by Face the Facts USA, a nonpartisan policy initiative