Macro Finance
Congress Will Have to Act to Address $40T US Debt, Says Fmr. Rep. Kevin Brady
Bloomberg Markets·August 25, 2026·1 min read
Former Republican Congressman Kevin Brady said the U.S. is failing to restrain spending despite record revenues, and Congress will have to act to address the $40 trillion national debt. Brady said lawmakers must look at programs like Social Security and Medicaid that are moving towards insolvency issues. His comments came in a Bloomberg interview.
Read at Bloomberg MarketsDaily crypto arcade
Read the news, then play it.
Chainshorts turns crypto headlines into a daily game. Catch up in 60 words, then jump into daily lucky draws for a shot at the pot.