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U.S. faces debt crisis as interest payments surge, threatening national security and Social Security's future.
The national debt is nearing a critical point, with the debt almost equal to the size of the economy.
Mike Murphy from the Committee for a Responsible Federal Budget warns that interest payments on the debt are growing faster than any other federal expense and could reach $1 trillion annually.
This, combined with Social Security and Medicare costs, may consume 87% of future federal spending growth.
Foreign holdings of U.S. debt, especially by China, pose a national security risk.
Murphy urges bipartisan action to prevent a crisis, citing the balanced budget in 2001 as a model.
He also warns of Social Security's potential insolvency within six to seven years, which could lead to significant cuts for beneficiaries.
Estados Unidos enfrenta una crisis de deuda a medida que aumentan los pagos de intereses, amenazando la seguridad nacional y el futuro del Seguro Social.