Many leaders in the Democratic Party are veering too far left and overpromising government programs that are not fiscally possible, Howard Schultz told CNBC on Tuesday.
"I think the greatest threat domestically to the country is this $21 trillion debt hanging over the cloud of America and future generations," Schultz said. "The only way we're going to get out of that is we've got to grow the economy, in my view, 4 percent or greater. And then we have to go after entitlements."
"I think the greatest threat domestically to the country is this $21 trillion debt hanging over the cloud of America and future generations," Schultz said. "The only way we're going to get out of that is we've got to grow the economy, in my view, 4 percent or greater. And then we have to go after entitlements."