logo
welcome
Fox News

Fox News

Dozens of state financial officials warn new Congress of national security implications of ignoring US debt

Fox News
Summary
Nutrition label

78% Informative

The consortium of treasurers, controllers and auditors will tell Johnson , R-La., they agree with Arizona Republican Andy Biggs ’ resolution declaring the national debt a "threat to national security" The U.S. debt is up about $15.2 billion from the figure reported the previous day .

The cost of servicing the debt in 2024 exceeds both $1 trillion and thereby the annual cost of Medicare payouts.