Blue Amp Media Cliff Schecter Cliffs Edge
@cliffs_edge·157K subscribers·3.1K videos
Three Ways Trump's Massive Budget Mistake Makes Us Weaker and Poorer
Posted
June 1, 2025
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June 1, 2025
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4:49Now PlayingTrump Plan: YOU pay China to pay American Billionaires. Economics expert Anne Kim from Washington Monthly breaks down how Donald Trump's budget bill is draining America's finances. Kim explains that America's credit rating has been downgraded, leading to higher national debt interest rates that will consume a significant portion of the federal budget. This shift results in less funding for vital programs and more money flowing to foreign creditors. Additionally, higher national debt interest rates drive up consumer interest rates, making mortgages and loans more expensive for American citizens. Watch to understand the financial impact of these policies and what it means for YOU.
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