The U.S. government is insolvent. That’s not hyperbole — it’s the conclusion drawn directly from the Treasury Department’s own consolidated financial statements for fiscal year 2025, released last week to near-total media silence. The numbers: $6.06 trillion in total assets against $47.78 trillion in total liabilities as of September 30, 2025.
Meanwhile Trump and the GOP are paying a french company $1B to stop an offshore wind project with a supposed promise to instead invest in fossil fuels.
So piss our tax money away to a foreign company in the hopes they’re going to invest in last century’s tech.
It is always 🤡 shit with conservatives.
Hardcore republicans braying about the national debt as an excuse to push for cutting social services…
It’s from fortune, so you already know it’s paid propaganda.
Yep. It’s just a ploy for more of the austerity crap as they’ve been doing, but this time they’ll raid what’s left of pensions, healthcare, welfare, infrastructure, and all the other things they hate for us to have.
Weird how much they’re gonna be spending to replenish their stockpile of ammo, though.
Horrible article and worse headline, that trivializes a serious issue.
- There is no “insolvent”. There really isn’t even the concept
- There is a serious increase in debt that we ought to do something about (like by cutting the recent tax breaks for wealthy)
- Social security and Medicare are underfunded, but it’s stupid to add a “75 year liability” to the current year and complain about how big it is. It’s like 80% funded by tax revenue over that 75 years and certainly not due this year
Tax cuts for the wealthy, the cap on social security taxes, and excessive spending on “defense” are directly responsible for the Fed’s obscene debt load.
“Trickle down economics” is a giant scam that has produced zero meaningful results in 45+ years.
It’s produced results. These are the results. Congratulations.
He told you he would run Amerika like one of his businesses. Not sure what you expected would happen.
Who’d’a thougt that more than a full year of complete incompetence, near-limitless spending for fascist buildup, and lining MAGAs private pockets could lead to finding the botoom of the barrel?
Conclusion drawn a journalist. Not the treasury or even an accountant. It’s certainly not a good thing, but that’s not how that works at the level of a nation state.
It’s also Fortune, so the goal of the article is to push for austerity via constitutional amendment as framed by a republican congresswoman.
yup. i got about 3 paragraphs in before it was too bullshit for me. no professional analysis, sorry.
You seem to be saying reasonable things. Can you tell if this is… normals? Whatever that might mean.
Conservative debtslop
You can’t go insolvent when you are the source of the money. Who writes this slop?
Are you saying money didn’t exist until 1776?
How did you get that from what they said?
I’m gonna guess it was “creative” interpretation driven by a desire to seem smart and/or stir the shit.
“Missed”
Are you great yet, 'Murica?
!You never were!<
MAGFTFT! (Make America Great For The First Time)
Good
We should print more money, I’m sure that will help!
Can’t really top that.
Also
