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Story summary
- The United States is pushing to cap deficits at 3 % of GDP with support.
- The debt is under $39 trillion and carries over $1 trillion in interest.
- Meeting the 3 % goal will need $10 trillion in cuts by 2036.
- Social Security’s trust fund will run out in six years, Medicare a month earlier.
- Michael Peterson of the Peterson G. Peterson Foundation urged the 33 senators taking office in January 2027 to address the solvency crisis.
