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‘Debt Is Our Greatest Threat’ – Ex-House Speaker Says Next US President To Experience Debt Crisis As Borrowing Explodes $519,056,779,000 in 25 Days - The Daily Hodl

Summary by The Daily Hodl
The former US House of Representatives Speaker, Kevin McCarthy, is warning that the national debt is nearing a crisis situation. In a new interview on CNBC’s Squawk Box, the Republican politician says that the next US president will have to start reducing government spending as borrowing continues to soar, threatening the dollar’s global dominance. The US debt just ballooned by more than $519 billion between July 3rd and July 28th, reaching a to…
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The Daily Hodl broke the news in on Thursday, July 31, 2025.
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