US Still ‘Careening Towards Bankruptcy’ After Debt Ceiling Deal, Says DeSantis

US Still ‘Careening Towards Bankruptcy’ After Debt Ceiling Deal, Says DeSantis
Florida Gov. Ron DeSantis gives remarks in National Harbor, Maryland, on April 21, 2023. Anna Moneymaker/Getty Images
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The United States will still be “careening towards bankruptcy” after President Joe Biden and House Speaker Kevin McCarthy (R-Calif.) reached an agreement to raise the debt ceiling by $4 trillion, says Gov. Ron DeSantis (R-Fl.) in a new interview.

The 2024 presidential candidate appeared on “Fox & Friends“ on Memorial Day and was asked about the potential fracture in the Republican Party following the White House and GOP leadership approving the Fiscal Responsibility Act, which some critics have dubbed the ”Fiscal Irresponsibility Act.”
Andrew Moran
Andrew Moran
Author
Andrew Moran has been writing about business, economics, and finance for more than a decade. He is the author of "The War on Cash."
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