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GAO again warns Congress about nation's 'unsustainable fiscal path'

"Congress has a critical role to play in addressing risks to the Treasury market stemming from the unsustainable fiscal path and the debt limit," the GAO report said. "Taking action to address these risks would help ensure the continued broad-based demand for Treasury securities, reinforce the global role of the U.S. dollar, and support Treasury's efforts to finance government borrowing at the lowest cost over time."