This is alarming. A billion for the ballroom/security; billions for Trump’s War in Iran; billionaires who don’t pay taxes, etc.
“The U.S. government learned last week that it may have reached an unfortunate milestone: The size of its debt surpassed the nation’s total economic output.”
“The root of the problem is well-documented and widely known. U.S. debt has soared in recent years because of a mismatch between federal spending and tax revenue…”
“For economists, the fear is that these conditions are inching the United States toward a fiscal crisis, one in which its debt is so great that the country can’t easily afford to pay the rising interest on it.”
A year and a half into his presidency and he’s still blaming Biden for it and his supporters are dumb enough to fall for it.
This is alarming. A billion for the ballroom/security; billions for Trump’s War in Iran; billionaires who don’t pay taxes, etc.
“The U.S. government learned last week that it may have reached an unfortunate milestone: The size of its debt surpassed the nation’s total economic output.”
“The root of the problem is well-documented and widely known. U.S. debt has soared in recent years because of a mismatch between federal spending and tax revenue…”
“For economists, the fear is that these conditions are inching the United States toward a fiscal crisis, one in which its debt is so great that the country can’t easily afford to pay the rising interest on it.”
Free gift article:
https://www.nytimes.com/2026/05/07/business/us-debt-trump-policies-budget.html?unlocked_article_code=1.glA.cQCd.HIfPQtH9L0YZ&smid=nytcore-ios-share