Fox News "Special Report" Spotlights National Debt
In the first segment of a new Fox News "Special Report Spotlight" series on America's balance sheet, Bret Baier spotlighted the nation's unsustainable debt and deficit by discussing the recent $40 trillion national debt milestone, the growth of federal spending, the impact of rising interest costs, and the threat of a debt spiral.
The segment featured perspective from Committee for a Responsible Federal Budget President Maya MacGuineas, who discussed how borrowing affects the national debt, the possibility of a fiscal crisis, the consequences of spending more than growth, and the impact of interest costs on households.
Watch the full segment here or below:
