FOXNEWS Fox News Live July 6, 2024
white house with more on this, hi, lucas. lucas: it adds trillions to the national debt with $31 trillion and interest payments on the debt next year could one day approach the size of the defense budget. let that sink in. now here is house speaker kevin mccarthy adding more c -- conte. >> we've only paid $9 trillion in interest. so he's going -- took us 80 some years to happen in less than ten years. lucas: let's take a look at biden tax proposals which would add more to the national debt. 25% minimum tax on people with 10 -- 100 million plus dollars. 39.6 capital gains tax for peop...