Canada is projected to overtake China as a top-three holder of U.S. government debt. The International Monetary Fund forecasts U.S. interest costs to hit 5.7% of GDP by 2031. Meanwhile, Alberta is set to vote on a first step to leaving Canada, and Egypt seeks to accelerate reducing debt-service costs. Opinions vary on government spending, with some advocating for a balanced approach and others demanding repayment of funds.
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