Elon Musk: The U.S. Will Bankrupt if We Don’t Do Something

EXCERPT:

MUSK: “And then we‘ve also got to address the deficit. So we‘ve got a $2 trillion deficit. And if this — if we don‘t do something about this deficit, the country is going bankrupt. I mean, it‘s really astounding that the — the interest payments alone on the national debt exceed the Defense Department budget, which is shocking because we‘ve got a lot — we spend a lot of money on defense. But — and if that just keeps going, we‘re essentially going to bankrupt the country. So what I really want to say is, like, it‘s not optional for us to reduce the federal expenses. It‘s essential. It‘s essential for America to remain solvent as a country. And it‘s essential for America to have the resources necessary to provide things to its citizens and not simply be servicing vast amounts of debt.”