Elon Musk has issued a stark warning about the US government's escalating debt crisis, calling the $36 trillion federal debt "terrifying." With the nation on the brink of financial collapse, Musk, who is set to co-chair the new Department of Government Efficiency under President-elect Donald Trump, is pushing for urgent spending cuts. In this video, we explore Musk's concerns, his call for action on Capitol Hill, and how a potential restructuring of government spending could help avert a national bankruptcy.
#ElonMusk #USDebt #GovernmentSpending #DebtCrisis #BankruptcyWarning #Trump #FederalDebt #EconomicCollapse #FinancialCrisis #SpendingCuts #DOGE #VivekRamaswamy #USPolitics #EconomicReform #MuskWarns
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NewsTranscript
00:30is the only reason we can now send American airstrikes in this thing.
01:00I mean, our defense budget is pretty gigantic, it's a trillion dollars, but the interest
01:12that we owe on the debt is now higher than the defense budget. Over a trillion dollars
01:17and growing. This is not sustainable. So we have to do something about that or the country
01:23is going to go bankrupt. So that's an essential thing too.
01:53Pursuant to Clause 12A of Rule 1, the House will stand in recess subject to the call of the Chair.
02:23Pursuant to Clause 12A of Rule 1, the House will stand in recess subject to the call of the Chair.
02:53Take cover, you lads!
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