Dalio Calls for Bipartisan Solution to Address US ‘Debt Bomb’

The US ‘debt bomb’ that Musk and Dalio fear just got bigger

The Tesla chief and the president are feuding again as Donald Trump’s big tax and spending bill gets closer to passing.

Ray Dalio warns that politicians can't solve the 'debt bomb problem' without serious voter blowback

Ray Dalio said on Monday that the US "debt bomb problem" can only be solved with a "mix of tax revenue increases and spending decreases that are determined in a bipartisan way."Jemal Countess via Getty ImagesRay Dalio said solving America's debt problem will require a bipartisan solution.But Dalio said Republicans and Democrats can't do it "because politics have become so absolutist.""To me, that's a tragedy," he added.Ray Dalio, the founder and…

Dalio Calls for Bipartisan Solution to Address US ‘Debt Bomb’

There is no way that the US “deficit/debt bomb” problem can be sustainably dealt with unless there is a bipartisan mix of tax revenue increases and spending decreases, Bridgewater Associates founder Ray Dalio wrote in a post on X.

Ray Dalio calls for bipartisan approach to deal with US ‘deficit/debt bomb’ - Finnoexpert

Ray Dalio calls for bipartisan approach to deal with US ‘deficit/debt bomb’ Source link