Venture Capitalist Tells Megyn Kelly Why Trump Admin Faces Uphill Battle Tackling US Debt

Venture capitalist and “All-In” podcast host Chamath Palihapitiya told SiriusXM’s Megyn Kelly on her show Friday that the Trump administration is going to have an uphill battle tackling the U.S. debt due to prior actions by the Biden administration.

Billionaire hedge fund manager Scott Bessent became President Donald Trump’s Treasury Secretary on Jan. 27 after passing through the Senate with bipartisan support and saying he would help the president bring the “new economic golden age.” On “The Megyn Kelly Show,” Kelly brought up Democrats’ pushback against Trump’s plan to clear government waste. She said some people are already speculating that the U.S. budget will remain the same despite the cuts. Trump is making cuts with the help of the Department of Government Efficiency.

“We’re in a really difficult spot. So I think it’s important for your listeners and…

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