Final answer:
The statement on rapid healthcare spending alone increasing national debt is not entirely accurate, as it does not consider other economic factors. Interest payments and broader economic contexts are essential in assessing the impact on the budget deficit and national debt.
Step-by-step explanation:
The question 'Rapid health care is making our debt increase higher' can be interpreted in relation to the effect a major increase in healthcare spending has on national debt. When considering whether this statement is true or false, one must take into account that rising healthcare costs, partly due to improvements in medicine and responses to health crises like the COVID-19 pandemic, can indeed contribute to increased government spending. However, it is not accurate to suggest that rapid healthcare alone is responsible for a higher debt burden without considering other factors such as military spending, tax policies, and the broader economic context. Additionally, point no. 9 from our reference indicates that as a share of the Gross Domestic Product (GDP), the claim is false while in nominal dollars, it could be considered true. Also, point no. 8 explains that as debt increases, interest payments on that debt also rise, which can contribute to a growing budget deficit if government spending in other areas remains constant.