David Friedberg Destroys the House Spending Bill: "Americans should be ashamed." "If you are an American, you should feel shame that your elected officials are proposing that this is the bill that gets passed." "Absolute disgraziad." "That we vaporize this much money, that we put ourselves this much further in debt, that we do not treat the situation as the fiscal emergency that it is." " We are now burning an additional $2.5T a year adding to our debt load." "We are in a fiscal crisis and we're not willing to admit it." " And I've said this from day one that DOGE can only do so much. And clearly that's the case where they're now talking about sub $300B a year in potential annual savings from DOGE action." " At the end of the day, Congress needs to take action and this bill from Congress doesn't take much action." During our 2025 Predictions Show in early January, Friedberg created a market on whether the US national debt would exceed $38T in 2025. According to Polymarket, there is now an 80% chance that the debt WILL exceed $38T this year.
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