Brian Riedl: Debt Interest Could Become Largest Budget Program | Stu Does America
Автор: Stu Does America
Загружено: 2024-03-13
Просмотров: 699
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In this startling discussion on Stu Does America, Brian Riedl joins host Stu Burguiere to expose the alarming potential consequences of the growing U.S. deficit. Riedl warns that interest payments on the national debt could become the largest budget program, surpassing all other government expenditures. He cautions that as much as half to two-thirds of taxes could be used to pay interest on the debt within the next couple of decades, with the possibility of 100% of taxes going towards debt interest if rates continue to rise. As the debt crisis looms and threatens to consume an ever-growing portion of taxpayer dollars, Riedl emphasizes the urgent need for action to avoid this catastrophic scenario.
(00:00) Government deficits and spending.
(01:41) Unsustainable national debt growth.
(03:01) Political parties' spending habits
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#brianriedl #debtcrisis #nationaldebt #governmentspending #economicwarning #interestpayments #middleclasstaxes #studoesamerica #blazetv #stuburguiere
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