During Wednesday’s “Reigniting American Growth and Prosperity Series: Removing the Burdens of Government Overreach” hearing, Rep. Ralph Norman (R-S.C.) expressed reservations about President Joe Biden’s policy and fiscal responsibility, insisting the mounting interest burden facing the nation is a ticking time bomb.
“We’ve got $660 billion in interest alone. That’s going to surpass our military budget.,” he said. “You’ve got to face it at some point.”