
CNBC Special Report: America's Deficit Reckoning 7/7/25
Squawk on the Street
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Economic Challenges and National Security
This chapter examines the rising debt-to-GDP ratio in the United States, exploring how increased spending on programs like Social Security and Medicare is straining government resources. It highlights the implications of national debt on economic stability and national security, particularly in the context of U.S.-China financial relationships. The discussion emphasizes the need for timely fiscal solutions to avert a potential budgetary crisis while addressing the associated geopolitical risks.
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