10 months ago
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(NewsNation) — Former Trump medication authoritative Anthony Scaramucci warned Wednesday that his ex-boss's economical proposals could pb to a fiscal situation and bankrupt Social Security.
Scaramucci, speaking connected NewsNation's "Elizabeth Vargas Reports," criticized erstwhile President Donald Trump's telephone to end taxation of Social Security benefits, arsenic it would magnitude to a nonaccomplishment of astir $2 trillion successful gross for the national government.
"What Mr. Trump is calling for is precise dangerous. He's over-promising people," said Scaramucci, who concisely served arsenic White House communications manager successful 2017. "He either won't beryllium capable to present connected those promises, oregon he'll enactment america successful a fiscal crisis."
Scaramucci said the cumulative shortage from George Washington's presidency done George W. Bush's medication amounted to $7 trillion. Trump generated $7.8 trillion successful shortage spending implicit his four-year term.
The comments travel arsenic the system remains a apical contented for voters up of the statesmanlike election, conscionable 90 days away. Recent marketplace volatility and fears of a recession person fueled concerns astir the nation's fiscal outlook.
Scaramucci defended President Joe Biden's economical record, arguing that contempt nationalist perception, "good things are happening." He cited the onshoring of manufacturing, home microchip production and infrastructure improvements arsenic affirmative developments.
Scaramucci joined NewsNation to beforehand his caller book, "From Wall Street to the White House and Back: The Scaramucci Guide to Unbreakable Resilience."
