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  • Writer's pictureDahlia Foundation

'Will Take CEO Outside Politics To Fix US Debt Crisis': Vivek Ramaswamy


Washington:

Republican presidential candidate Vivek Ramaswamy has proposed a Zero-Base Federal Budgeting to solve the national debt crisis, which has now gone up to USD33 trillion.

The US national debt crisis is real and will take a CEO from outside of politics to fix it, he said on Monday.

"Here's how we fix the debt crisis: zero-base budgeting. Start from zero for every department and ask what (if any) spending is required instead of just taking last year's budget as the default," Ramaswamy said.


That is how any good CEO would handle this mess, and it is something that both Republicans and Democrats can get behind, he added.

"Unfortunately, there isn't a single red or blue state in this country that actually does it," Ramaswamy added.

"I built a multibillion-dollar biotech company from scratch by developing five medicines now FDA-approved that the bureaucracy in big pharma abandoned," he said.

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