CNBC Special Report: America's Deficit Reckoning 7/7/25
Closing Bell
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Debt Dilemmas and National Security
This chapter explores the significant impact of rising federal interest payments on the economy, limiting funding for essential services and defense. It highlights the complexities of U.S. national debt, particularly in relation to foreign holders like China and Japan, emphasizing the associated risks and potential geopolitical instability. The discussion underscores the urgent need for fiscal reform to safeguard America's economic future and military readiness amidst growing fiscal challenges.
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