Nikki Haley Says Washington Is Borrowing $60,000 Every Second as Congress Takes Summer Recess: 'Our National Debt Is Spiraling'
Nikki Haley criticized Congress for ignoring the nation's growing debt burden as lawmakers prepared for summer recess.
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Why It Matters
A politician pointed out that the U.S. government spends way more money than it takes in, and keeps borrowing to make up the difference. When the government borrows too much, it can eventually affect the whole economy and how companies do business.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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