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Senator Grassley, 92, Urges Congress to Address Growing National Debt

In this video, Senator Chuck Grassley of Iowa, aged 92, expresses concern about the growing national debt, which has surpassed 100% of the U.S. gross domestic product (GDP) for the first time since 1946. He emphasizes that this milestone should serve as a 'wake-up call' for Congress to address the nation's fiscal issues. Grassley highlights the increasing interest costs, projected to reach $2 trillion annually within a decade, and warns that the current unsustainable fiscal path could lead to a crisis. He urges Congress to work together to gradually reduce the debt rather than waiting for harsh measures to be imposed by creditors.