Congress must get control of US debt
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The United States is facing an ever-growing fiscal crisis, with its national debt skyrocketing to over $40 trillion. As the country’s financial obligations continue to soar, the ability of lawmakers to manage this overwhelming debt is being called into question. Recently, former Trump White House advisor and campaign manager Steve Bannon, along with a growing chorus of critics, has harshly criticized House Speaker Mike Johnson for failing to rein in government spending and address the nation’s fiscal woes.
In a fiery broadcast on Bannon’s War Room, Bannon did not mince words. He took aim at Johnson after the failure of the Speaker’s proposed spending bill, which was opposed by figures like Elon Musk and dismissed by President-elect Donald Trump. The failed bill, which was supposed to fund the government and provide a temporary solution to the debt crisis, was met with widespread criticism for its lack of transparency and for including unnecessary provisions. In his usual blunt manner, Bannon condemned the proposal as another example of the incompetence and corruption that have become synonymous with Washington, D.C. politics.
Bannon’s critique was rooted in the massive, unsustainable U.S. national debt, which has now surpassed a staggering $40 trillion. With interest payments alone set to spiral into the trillions, the government is facing a fiscal nightmare. “I’m just saying, it’s $40 trillion. 400 days from now as sure as the turning of the earth. And we’re never gonna pay off a penny of that face amount of that debt,” Bannon said, adding that the interest payments will likely exceed $1 trillion annually.
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There are apparently not enough members of Congress dedicated to fixing the debt crisis including the GOP leadership. If Johnson can't do it, he needs to be replaced.
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