Billionaire and owner of top companies like Tesla, SpaceX, and X Corp, Elon Musk, issued a stark warning to the United States about its spending habits, suggesting that continued overspending could lead the country to bankruptcy.
“Overspending must cease or America faces bankruptcy,” Musk emphasized on Twitter.
His remarks came in response to a tweet highlighting the significant portion of tax money being allocated towards servicing the national debt. Economist E.J. Antoni pointed out, “It took 63% of all personal income taxes in Feb to pay the interest on the debt – no roads, no military, no schools, no social security – JUST INTEREST.”
In a retweet, another user underscored the alarming trajectory, stating, “This is an astounding…
