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  1. CBO forecasts debt-to-GDP ratio hitting 175% by 2056, warning that defaulting on Treasury debt or Social Security is near certainty.

Rising national debt and increased spending on Medicare and Social Security are driving interest rate pressure and concerns over US fiscal sustainability.

2 reports, 2 independent Updated Aug 29
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Some supportReported by 2 outlets

Rising national debt and increased spending on Medicare and Social Security are driving interest rate pressure and concerns over US fiscal sustainability.

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  1. US debt accumulation, driven by mandatory health insurance spending, is causing global demand for Treasury bonds and threatening global economic stability.Sub-event
  2. Debt concerns are driving interest rate pressure, reducing infrastructure funding, and fueling a gold rally.1 source

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