marketcrash
bitcoincrash
pensions
nationaldebt
bubble
risk
debtcollapse
federal spending
12/13/2024
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By Willow Tohi
Unsustainable: Yellen resigns, leaving behind over $36 TRILLION in debt — the highest in U.S. history
– The federal deficit has reached unsustainable levels, with the U.S. national debt surpassing $36 trillion, largely due to reckless fiscal policies under the Biden administration. – Treasury Secretary Janet Yellen acknowledged concerns over the lack of progress in reducing the deficit, admitting that the deficit needs to be brought down amid rising interest rates. […]
09/22/2023
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By Belle Carter
Public NUMBS as government DEBT BOMB explodes to $33T, annual budget DEFICIT approaches $2T
The United States gross national debt just exceeded $33 trillion on Friday, September 15, three months after the federal government’s debt eclipsed $32 trillion in June. Additionally, the budget deficit is on track to reach $2 trillion in the current fiscal year. As per financial experts, Americans seemed to have become desensitized to these figures […]
03/12/2023
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By Belle Carter
Biden’s “excessive” budget proposal to drive national debt to $51 trillion over the next decade
If President Joe Biden’s $6.9 trillion budget proposal for the fiscal year 2024 gets approved, the gross national debt could skyrocket to $51 trillion by 2033 – nearly $20 trillion more than its current level of roughly $31.5 trillion. The public policy organization Committee for a Responsible Federal Budget (CRFB) warned that the portion of debt held […]
02/01/2023
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By Belle Carter
NY Rep. Tenney: Biden should slash federal spending amid debt ceiling battle
New York Rep. Claudia Tenney said President Joe Biden should compromise and implement austerity measures on federal spending. The Big Apple representative made the remark during a recent interview with “Wake Up America” host Rob Finnerty. Tenney was reacting to House Speaker Kevin McCarthy’s interview footage about his scheduled meeting with the president regarding the debt ceiling battle. […]
04/12/2021
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By News Editors
Financial tyranny: Footing the tax bill for the government’s fiscal insanity
We’re not living the American dream. We’re living a financial nightmare. (John W. Whitehead & Nisha Whitehead republished from Rutherford.org) The U.S. government—and that includes the current administration—is spending money it doesn’t have on programs it can’t afford, and “we the taxpayers” are the ones who will be forced to foot the bill for the […]
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