On the recordJuly 19, 2022
As the largest debt holder in the world, the U.S. Government--if we end up in very high interest rates on the federal debt, it is going to eat up the budget.
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congress.govNewt Gingrich: “As the largest debt holder in the world, the U.S. Government--if we end up in very high interest rates on the federal…”
Editor's note · Context
Gingrich warns about the impact of rising interest rates on federal debt and the budget.
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