Senators voice as state debt approaches $37 trillion milestone

U.S. national debt is fast Nearly $37 trillion Under President Donald Trump’s “Big and Beautiful Act” is expected to increase the budget deficit by $2.4 trillion in a decade, with no signs of slowing down. Congressional Budget Office (CBO) Dynamic Analysis.

Senators from both sides alerted the shocking crisis of the debt crisis in an interview with Fox News on Capitol Hill.

“I care very, very much about this,” Sen. John FettermanD-pa. explain. “I think it will be part of the next big crisis and we will have to face our national debt because a long time ago a trillion dollars was unthinkable, and now our debt is close to $40 trillion, and we really have to deal with that honestly.”

Trump signed a “large bill” for the July 4 deadline implemented by Congress. It includes realizing Trump’s main campaign commitments through a settlement process, including tax cuts and reforms to immigration, energy and Medicaid.

Margo country voters are surprised by “absurd” national debt in debate over Trump-supported bill

But the conservative fiscal eagle, including representatives. Thomas MassiR-ky. Voting and regularly owning the state debt clock badge, threatening to derail in opposition to its contribution to the state debt.

The White House said the Democratic-controlled Budget Office misanalysed Trump’s big bill, losing record savings.

senator Katie Britt“It’s time for tough conversations,” Trump allies, R-Ala, who advocates the bill, told Fox News Digital.

She said the United States must continue to look for waste, fraud and abuse – a nod to former Trump reversal enemy Elon Musk, who worked to cut government spending through the Department of Administration Efficiency (DOGE) earlier this year and then with well-documented situations between Trump.

“When you think of things like Social Security and Medicare, people say they may be insolvent for the next eight years.” He said benefits to U.S. debt and mandatory spending, like Medicaid, are taking up most of the pie.

Elon Musk leads the Trump administration’s efforts to reduce waste, fraud and abuse in government spending. (Francis Chung/Politico/Bloomberg by Getty Image)

“We have to make sure we are responsible for the taxpayer’s dollars,” Britt added.

Meanwhile, freshman Senator Bernie Moreno (R-Ohio) described the U.S. debt crisis as “a moral failure where we leave this country to our children and grandchildren and at this level of debt.”

“$37 trillion in debt It’s hard to imagine, right? We have to balance our budget. We need to do it now. If we don’t do this, what will happen is interest [rates] Going up. Inflation will not be under control. This is very simple. ” R-FLA. Senator Rick Scott told Fox News Digital.

Senator Ron Johnson, R-Wisc. Agree: “We need to focus on spending, spending, spending. I’ve been beating this drum since I got here, but especially since January 1, especially in this government, trying to return to reasonable pre-popular spending.”

Demonstrators protested on Monday, June 30, 2025 in Washington, DC to protest against President Donald Trump’s tax cuts and spending cut packages, carrying cardboard coffins (AP Photo/Julia DeMary Nickinson)

While Republicans led the elimination of allegations of waste, fraud and abuse in government spending, D-Mass. Senator Ed Markey said the first priority should reverse “all these massive tax breaks for American billionaires and millionaires.”

Trump’s Megabill includes the extension of the 2017 Tax Cuts and Jobs Act (TCJA), as well as new tax breaks on tilting wages and overtime.

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“We can save trillions of dollars by giving these massive taxpayers to the wealthiest people. We also have to re-check our defense budget. In fact, we don’t actually need a brand new nuclear weapon.”