And as long as the Federal Reserve remains intact, it will continue to grow and our money is soon to be absolutely worthless, which it already is by being debt money. Nevertheless, and it doesn’t matter if Democrats are in power or Republicans, it continues to escalate towards the inevitable. Topping a new US record, I’m sad to say that the corporation known as the United States of America is $35 Trillion in debt, and that doesn’t include nearly $200 trillion more in liabilities. Think it’s time for another massive attack on us, friends? Or time we brought justice on the heads of the wicked who are trying to murder us?
Fox News reports:
The U.S. national debt surpassed $35 trillion for the first time in the nation’s history on Monday as the federal government continues to accumulate debt at a record-setting pace.
New data from the Treasury Department released Monday afternoon showed that the gross national debt hit $35,001,278,179,208.67.
The milestone comes just months after the U.S. eclipsed the $34 trillion threshold in early January 2024, while the $33 trillion mark was reached in September 2023. By comparison, the national debt hovered around $907 billion just four decades ago.
“This news is incredibly sobering – and incredibly unsurprising for anyone who has been following our fiscal trajectory,” Maya MacGuineas, president of the nonpartisan Committee for a Responsible Federal Budget, said in a statement. “Just last month the Congressional Budget Office warned Americans that debt held by the public is on its way to a new record share of the economy in three years. The deficit will be nearly $2 trillion this year and nearly $3 trillion in ten years.”
