Former Congressman Brady urges legislative action on $40 trillion US debt

Texas Republican Kevin Brady warned that despite record revenues, Congress must address unchecked federal spending to manage the national debt.

25 Aug, 19:36 — 25 Aug, 19:36

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bloombergHigh10h ago

Congress Will Have to Act to Address $40T US Debt, Says Fmr. Rep. Kevin Brady

Kevin Brady, former Republican Congressman from Texas, said that the US is failing to restrain spending, even as the US brings in record revenues. Brady said that congress will have to act to reduce spending, including looking at programs like Social Security and Medicaid that are moving towards insolvency issues. (Source: Bloomberg)

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Former Congressman Brady urges legislative action on $40 trillion US debt

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Congress Will Have to Act to Address $40T US Debt, Says Fmr. Rep. Kevin Brady

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