Congress Will Have to Act to Address $40T US Debt, Says Fmr. Rep. Kevin Brady
Kevin Brady, former Republican Congressman from Texas, said that the US is failing to restrain spending, even as the US brings in record revenues. Brady said that congress will have to act to reduce spending, including looking at programs like Social Security and Medicaid that are moving towards insolvency issues. (Source: Bloomberg)
We haven't written up this one. Bloomberg has the full story — the link below goes straight to it.
