‘Nobody’ is talking about the US’s rising debt: Steve Ballmer

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USAFacts founder and former Microsoft CEO Steve Ballmer discusses his outlook for the U.S. economy during an appearance on ‘Cavuto: Live.’ #foxnews

FOX News Channel (FNC) is a 24-hour all-encompassing news service delivering breaking news as well as political and business news. The number one network in cable, FNC has been the most-watched television news channel for 18 consecutive years. According to a 2020 Brand Keys Consumer Loyalty Engagement Index report, FOX News is the top brand in the country for morning and evening news coverage. A 2019 Suffolk University poll named FOX News as the most trusted source for television news or commentary, while a 2019 Brand Keys Emotion Engagement Analysis survey found that FOX News was the most trusted cable news brand. A 2017 Gallup/Knight Foundation survey also found that among Americans who could name an objective news source, FOX News was the top-cited outlet. Owned by FOX Corporation, FNC is available in nearly 90 million homes and dominates the cable news landscape, routinely notching the top ten programs in the genre.

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No one talks about debt because for 40 years the politicians say same thing over and over. And life goes on.

langleyj
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The US economy cannot survive without continuous credit and debt creation. The FED will print more money and the average American will go just that much further in debt. Meanwhile, foreigners lust for the greenback. Their economies are in worse condition than the US... if that's even possible. Someone is going to be left holding the bag...

Agatha.wayne
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People won't know until it all crumbles,

otisosborne
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I've never seen such deplorable bunch of leaders in my entire life.The Biden/Harris administration gotta go! God's speed!! If this great nation is to survive and endure!!!😳

invinoveritas
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We need to quit giving our money to other countries. Period

jessicabuck
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No one’s also mentioning that if we got our sugar level at the grocery store to the FDA regulations, it would save the US government $1 trillion per year by people, not being so ill from all the sugar taxing our healthcare and Social Security system

Gorilla_cookie
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Interest costs increased by 250 Billion y/y. Incredible

musarra
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Yeah, you´d have to listen to hear that...

pefo
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No one talks about it because there is no way to deal with it!🤣🤣🤫👍

fake
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The one thing that no candidate talks about is cutting the size of Government! A good amount of the jobs being done people in the government can be done with technology, government workers like most regular workers could go to 401k and not pensions, and finally entitlements need to be cut.

danielcrane
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i blinked and $7 Trillion turned into $34 Trillion

jessesoto
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Yes, they sold us out for our demise!

swimmingbird
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We don’t have a taxing problem, we have a spending problem. Democrats spend money like drinking sailors. We need to cut the size of government and drastically reduce spending

traderj
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Elon musk fired 80% of Twitter's staff, and the website is still running. Why can't we do more with less government employees, and reduce the debt?

Wagwag
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He might be willing to pay more taxes, but we the ppl sure can't afford anymore

jeremykorenoski
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I retired at 54 with NO debt! You cannot believe how IMPORTANT debt is, whether you are and individual or a government! Take my word for it, not anybody in the government who says otherwise.

AndyT
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The distressful news grieved the entire nation.Rising debts and bankruptcies are no laughing matters.😳

invinoveritas
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Agree, pretty grim. Crusty and Coconut haven't said a word about national debt. Buy gold!

jimknarr
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It is a hugh problem not sure any one candidate can fix it by what this rich man said

theresabertrand
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The world is a stage and the politicians know it

alanbuzby
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