A new analysis of the federal government’s spending habits has revealed that the United States is set to hit a potentially CATASTROPHIC milestone in the next 5 years.
The Committee for a Responsible Budget estimates that by the year 2028, national debt will soar past previous records to establish an all-time new national debt.
Industry experts are warning that this is a sign America’s economic outlook is “chilling.”
While the government is currently in talks to raise the debt ceiling to avoid a default, this will continue to push us to a dangerous level where payments on the debt interest become the THIRD largest government spending program behind only Social Security and Medicare.
Our government is spending America into oblivion!
With the concerning milestone around the corner and the Biden administration fully aware of how bad this could be for the country, you would think they are even considering cutting back on spending, but instead the opposite is true!
The federal government continues to loosely spend and spend ignoring the potential consequences. We send hundreds of billions of dollars to other countries to fix their problems while worsening ours here at home.
Committee for a Responsible Federal Budget President Maya MacGuineas says she is “hopeful” that the government will “come up with some kind of a plan” to prevent the inevitable collapse of America being brought on by uncontrollable amounts of debt.
But it’s fair to say our government seems more contempt with kicking the can down the road, continuing to increase the spending while hoping they’ll never have to deal with it!
MacGuineas has serious concerns about what else will go wrong as the debt continues to rise. Watch the video here to see them!
With those numbers I guess Biden will rest well with his stay in Hell when he kicks the bucket
Fear Not ! Hell has ways of adjusting its levels of pain according to the prior earthly nature of the new resident – so in “Dear Uncle Joes’ ” case there will be a very considerable ramping up of the furnaces – maybe even to the level assessed for his “Chum, Francis” !!
STOP THE “PORK BARRELLING BY THE DEMORATS” ! The Democrats are known to spend, spend, spend, and never think about the consequences. Get out of Europe and let them handle their own problems, China is America’s worst enemy so get America manufacturing back to what it once was, Russia will gang up on America as long as they have China on their side !!! Biden Regime and the posse of scattering elitist rats want to ruin America by spending American tax dollars like it is water and to put American into Socialism.
Why was President Trump’s name mentioned in the headline grabber when he is not mentioned in the article or the media clip ??? Only presidential candidate responsible enough to handle Biden’s Fiascos is President Donald J, Trump and he will have a disaster on his hands !!! Fiscal Responsibility does not mean Spend, Spend, Spend !!! Re: Newsclip – As for every presidential candidate ducking the issue of getting rid of Social Security (Biden Lied when he said Republicans would do tha, but we all saw him lie in his political address where Marjorie Taylor-Green was screaming out “Liar LIar” and I was screaming it out even louder than she was in my home), President Trump will definitely address that issue !!!
Why Are Y0U pre-$mearing Trump , the most honest we’ve got !?
All according to plan. Gotta usher in that national digital currency some kind of way
Just imagine it can’t we – Note from “The Government” explaining your bank balance ” We regret to inform you that after allocating the necessary new deductions to accommodate the Administrations’ Advanced Global Carbon Removal Project ( AAGCRP ) that your account balance on receipt of your $2,000 salary input has been resolved to NEGATIVE $3.00 You are required to input a minimum of $3.00 within 24 hours or your account will be terminated for lack of funds. Your government has your interests at heart and this message is intended to motivate you to remedy this problem before it affects your credit status. Thank you and Have a Nice Day !”
Don’t think it could ever happen ?? Then Dream On Buddy – Joes’ MegaSpending Team are hard at work on YOUR DIME !
Trump’s tariffs on china goods would have turned the US deficit around towards a positive balance.
The biggest reason so many democrats and rinos wanted trump removed from the Whitehouse was they are involved in China business which pads their portfolios. Tariffs on all china goods desperately needs to return.
It is a disastrous conflict of interest for congressional members to own or be involved in foreign business. It should be an instant revocation of any congressional position to be financially involved in foreign business. Especially China goods. Trump can still turn this back around if Biden and Obama and the rinos in congress are evicted from DC.