Q: Car still runs, but it's overheating and the power steering went out

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The last couple days I've been driving and hearing a rattling/ticking sound when the car is idle that get a little worse when accelerating. I was headed to the shop this morning and all of a sudden my engine starting steaming and my power steering went out. Luckily I was pretty close to another shop, so I just took it there. I'm thinking/hoping this is a serpentine belt issue and not a timing chain issue since the car still runs, what do you think?

My car has 68000 miles.
My car has an automatic transmission.

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