Rick Scott Warns $3 Billion Daily Debt Interest Is ‘Unsustainable,’ Says America Must ‘Balance the Budget’ and Cut Spending
Scott warns the U.S. debt is “unsustainable,” citing $3 billion in daily interest and calling for a balanced budget and spending cuts.
A senator is warning that America spends billions every day just paying interest on money it borrowed, kind of like a family spending too much on credit card fees. People watch these debates because big government spending decisions can affect how companies grow and how your money in stocks might perform.
Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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