marketcrash
bitcoincrash
pensions
nationaldebt
bubble
risk
debtcollapse
spending cuts
12/13/2024
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By Lance D Johnson
DOGE faces monumental task as U.S. budget deficit SOARS TO RECORD HIGH going into 2025
The U.S. budget deficit has reached unprecedented levels, with November spending at a record-high $584.2 billion, marking a 14 percent increase from the previous year. The Biden administration’s fiscal policies are criticized for exacerbating the financial situation, leading to a potential collapse of the U.S. monetary system. Government spending on health, defense, and Social Security […]
05/11/2017
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By JD Heyes
U.S. government posts massive surplus in April but spendthrift Congress has blown it already by not accepting Trump budget cuts
The federal government experienced a phenomenon in April not often seen in the age of massive budget deficits – a $182 billion surplus – but you can bet not one penny of it will go towards paying off even a smidgen of the $20 trillion national debt because Congress refuses to curb its spendthrift habits. […]
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