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budget deficitsFox Business
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80% Informative
Budget deficits are projected to widen from about $1.9 trillion this year to more than $2 trillion annually starting in 2030 .
The debt held by the public is projected to reach over $50 trillion in 2034 .
As the debt grows, the risk of a debt crisis caused by investors losing confidence in the U.S. government's ability to repay its debt also rises.
The two main mandatory spending programs, Social Security and Medicare , are on pace to be depleted in roughly a decade .
Social Security's two main trust funds are on track to be tapped out in 2035 , when just 83% of benefits would be payable to beneficiaries.
Despite those fast-approaching dates, America 's political leaders appear to have set aside a debate over reforming those programs in the midst of a contentious election cycle.
VR Score
84
Informative language
84
Neutral language
31
Article tone
formal
Language
English
Language complexity
59
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
short-lived
External references
20
Source diversity
2
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