Getting Close to the Financial Doom Loop
Heritage Foundation economist E.J. Antoni tells Natalie Winters that for the last fiscal year the country borrowed a massive $1.7 trillion. Today, the U.S. Treasury announced it will borrow another $1.6 trillion, but not for one full year. Nope, this is just for the next six months. "That's almost as much borrowing for six months as we had the entire previous fiscal year," Antoni said. "The last fiscal year, by the way, was more than a 20 percent increase compared to the year before that."
Tags
war roomPrevious video
States Are Hostage to Federal DollarsNext videoAn Opportunity to Test Drive A Lot of The Things We Are Rolling Out Next Year
States Are Hostage to Federal DollarsNext videoAn Opportunity to Test Drive A Lot of The Things We Are Rolling Out Next Year
JOIN US THIS WEEKEND FOR OUR STUDENT ACTION SUMMIT (SAS) LIVE COVERAGE
THE DAWN OF LIBERTY - INDEPENDENCE DAY SPECIAL
AMERICA 250 - A NEW ERA OF AMERICAN GREATNESS
Join us for this special presentation by America 250 "A New Era Of American Greatness", Thursday at 3PM ET.
WATCH BRICS 2025: THE RIO RESET
