Sen. Kennedy: Elon Musk Makes a Valid Point, We Will Become Debt Slaves If We Don’t Address It

SCARBOROUGH: “We’re in uncharted territory, as you say, on the tariffs. We’re also in uncharted territory on our national debt, $37 trillion. It’s just exploded exponentially over the past 20 years or so.”
Kennedy: “Yep.”
SCARBOROUGH: “Do you have any hope that Congress can be responsible, that the House and the Senate can somehow figure out how to at least bend the line where we start moving back toward a balanced budget?”
Kennedy: “Sure. I mean, I’m an optimist. I’m — I’m a paranoid optimist. But in the last year, certainly the last 100 to 150 days, the conversation up here has changed. Under President Biden, the conversation was basically who needs to pay more in taxes. The conversation now, really on both sides of the aisle, quietly more of the Democrats, is what the hell happened to the money? Elon Musk makes a valid point, we have become or will become, if we don’t do something about it, debt slaves. Mr. Musk says that we need to relearn the magical healing power of no. He’s right. But you’re not going to be able to do it in one bill. You’re just not. That’s just —“
SCARBOROUGH: “Yeah.”
Kennedy: “— practical, political and, frankly, economic reality.”