On Tuesday’s broadcast of Bloomberg’s “Balance of Power,” Rep. Nicole Malliotakis (R-NY) responded to the national debt being on a path to hit $40 trillion and what that means for the DOGE effort by saying that “we’re talking about decades and decades of inflationary spending. It is really hard to just have DOGE come in for a couple of months and find that type of savings.”
Co-host Joe Mathieu asked, “Well, Congresswoman, Kailey mentioned that number, it jumps off the page, $40 trillion U.S. debt. We’re apparently going to hit that number earlier than expected, driven in part by lost revenue from invalidated tariffs, according to The…
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