'America going bankrupt due to corruption & waste': Musk warns after USAID shutdown halted by court
Edited By WION Video Desk
Published: Mar 20, 2025, 08:10 IST | Updated: Mar 20, 2025, 08:10 IST
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Tech billionaire Elon Musk has expressed concerns that the U.S. will go bankrupt if federal spending is not controlled. His statement came as a federal judge ordered an immediate halt to the shutdown of the main U.S. aid agency by the Department of Government Efficiency. This marks the latest setback to Trump’s cost-cutting and government staff reduction drive. Speaking on Fox News' Hannity show, Musk warned that the "ship of America will sink" if government waste is not addressed.
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