CNN State of the Union With Jake Tapper and Dana Bash June 4, 2024 17:34:00
Year. convert it to something like a debt-to-gdp ratio. have a cure period after. if that cure doesn't occur, certain guardrails go up on discretionary spending. we cannot allow our country to default under any circumstances. we have a debt-to-gdp ratio that exceeds 100%. that's occurred two times in our nation's history, world war ii and now. that threatens the valuation of our currency and risks our competitiveness with china. we see how big of a threat that is. that's the solution i would like to advance. as josh mentioned, we have a group working day and night on this now. it reminds me a ...