Rep. Stutzman on Dalio’s Deficit Warning
Watch Joe and Kailey LIVE every day on YouTube: http://bit.ly/3vTiACF.Bridgewater Associates founder Ray Dalio warned House Republicans of the dangers of rising US deficits and urged them to cut the budget deficit to just 3% of gross domestic product or risk debt service costs squeezing government spending. Dalio’s message of austerity comes as House and Senate Republicans battle over the size of spending cuts to be paired with a giant tax cut coming later this year. The US budget deficit was 6.6% of GDP in 2024, according to the Congressional Budget Office. Bloomberg Washington…
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