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gab13by13

(29,800 posts)

13. Pretty sure, not positive,

Wed Aug 13, 2025, 08:18 AM

Aug 13

we are at that stage now where our GDP doesn't cover the interest on our debt.

With Krasnov crashing the value of the dollar who will buy up our debt?

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U.S. national debt reaches a record $37 trillion, the Treasury Department reports [View all] BumRushDaShow Aug 13 OP

G.O.P. admits full responsibility BoRaGard Aug 13 #1

I'm surprised this was allowed to be released Auggie Aug 13 #2

truth must ne incredibly worse. rampartd Aug 13 #3

Biden and Obama will get blamed. OLDMDDEM Aug 13 #27

Remember when Darth Cheney said MrWowWow Aug 13 #4

Back when Cheney was president (not a misprint) gab13by13 Aug 13 #10

Inflation ahead bucolic_frolic Aug 13 #5

I agree 100% gab13by13 Aug 13 #11

And the collapse of the Stock Markets and Citizens investments popsdenver Aug 13 #25

Trump's trying as hard as he can-however, don't worry: he'll deprecate the US dollar as currency and replace it with ... xocetaceans Aug 13 #36

He should eliminate the Treasury Department doc03 Aug 13 #6

Trump is aiming for bankruptcy number 7-this one the United States of America. Lonestarblue Aug 13 #7

Krasnov doesn't give a damn about the economy, gab13by13 Aug 13 #12

Won't it be a scene when the cryptocurrency crashes MrsCheaplaugh Aug 13 #19

We all knew it would get worse because Trump said it would get better. Folks should know by now. twodogsbarking Aug 13 #8

at some point, it will get so high that we won't be able to pay the interest Javaman Aug 13 #9

Pretty sure, not positive, gab13by13 Aug 13 #13

yeah, I saw all sorts of numbers, when doing a Quick Look to see what the threshold was but couldn't find a hard number. Javaman Aug 13 #31

No pun intended? n/t xocetaceans Aug 13 #37

Wait with all those trillions and trillions of Tariffs money coming in it should be going down Historic NY Aug 13 #14

He leaves out how HIM and REPUBLICANS in Congress just foisted HUGE tax increase on everyone Bengus81 Aug 13 #15

In other words business in the US is paying and they will have to charge the consumer Historic NY Aug 13 #20

They pay the tariff at one of the 328 Ports of entry into the US to the US Treasury Bengus81 Aug 13 #21

"Huge tax increases on everyone" popsdenver Aug 13 #26

Conservatives are programmed to obsess over the debt. Hieronymus Phact Aug 13 #16

They're not worried about it now BumRushDaShow Aug 13 #17

I disagree. Hieronymus Phact Aug 13 #32

In the lead-up to passage of that bill BumRushDaShow Aug 13 #33

It's the largest national debt anyone has ever seen. Bigly. twodogsbarking Aug 13 #18

Almost thirty years ago Clinton had a balanced budget and a surplus. He taxed the rich Bengus81 Aug 13 #23

$.99 gas. twodogsbarking Aug 13 #24

Just some interesting spending facts I dug up angryxyouth Aug 13 #22

Good call out !!!!!!!!!!!!! popsdenver Aug 13 #28

From the fiscal responsible party. republianmushroom Aug 13 #29

And everyone saw this coming: that Dump would balloon the debt sakabatou Aug 13 #30

But, that is before the budget director multiplies the amount of the debt by a -1 to get the true amount of the surplus LiberalArkie Aug 13 #34

Gee, when do we switch to Crypto? Will there be pennies? FOX, where are ya. twodogsbarking Aug 13 #35

This is good Turbineguy Aug 13 #38

Funny how a $5Tn increase in the national debt limit got slipped into Bluetus Aug 13 #39

The super wealthy are loving it. They looted the treasury and now for the rest of us the next step is austerity LT Barclay Aug 13 #40

What a surprise!!! Quanto Magnus Aug 13 #41

Government debt is relative Septua Aug 13 #42

Nothing to worry about! Until we have a Democratic President. thought crime Aug 13 #43