RT
Tesla and Twitter chief executive Elon Musk, who has been calling for US government spending reductions, said on Wednesday that a debt default was just a question of time.
“Given Federal expenditures, it is a matter of when, not if, we default,” Musk wrote responding to a Twitter post by the White House that the Republican plan may be to default on US debt.
Earlier this week, US House of Representatives Speaker Kevin McCarthy warned in a speech at the New York Stock Exchange that the US debt is unsustainable and poses a threat to the nation. He said that Republicans would not allow the country to default on its debt, taking a jab at President Biden for refusing to negotiate on cost-cutting measures.
McCarthy added that the House of Representatives would soon vote on a bill to raise the debt…
