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The Fiscal Impact of Rising Debt and the Aging Workforce

This paper analyzes the intersection of 34 trillion national debt and the aging U.S. workforce. By examining data from the Congressional Budget Office (CBO) and Federal Reserve Economic Data (FRED), I will explore how interest payments exceeding $1 trillion and a shrinking labor supply create widening "fiscal gap". The study concludes that current fiscal policy faces significant sustainability challenges as Social Security and Medicare costs rise relative to a narrowing tax base. […]