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Started By
Message
The U.S. national debt hits $40 trillion
Posted on 8/19/26 at 5:48 pm
Posted on 8/19/26 at 5:48 pm
quote:
Government debt has eclipsed $40 trillion, passing yet another staggering benchmark for red ink, according to the Treasury Department.
The total U.S. IOU hit $40.05 trillion as of Tuesday, some four and a half years after topping $30 trillion. Years of escalating budget deficits, pushed higher by stimulus funding during the Covid pandemic, have seen the public share of the debt near 100%.
In the most recent monthly accounting of U.S. finances, Treasury reported a $432.3 billion deficit in July, the highest monthly total since March 2021. The year-to-date shortfall is nearing $1.8 trillion, higher than the same period a year ago.
Ten years ago, the debt level was at $19.4 trillion
LINK
This post was edited on 8/19/26 at 5:50 pm
16
Posted on 8/19/26 at 5:58 pm to RLDSC FAN
Just another day
Posted on 8/19/26 at 6:02 pm to RLDSC FAN
Neither Republicans or democrats are doing anything to stop it. We are being scammed.
Posted on 8/19/26 at 6:03 pm to RLDSC FAN
And they be giving us credit scores smh
Posted on 8/19/26 at 6:04 pm to RLDSC FAN
US dollar is going to be worth nothing soon.
Posted on 8/19/26 at 6:04 pm to RLDSC FAN
MAGA
A
G
A
A
G
A
Posted on 8/19/26 at 6:05 pm to RLDSC FAN
Debt is a misnomer here. Debt implies someone can try to collect at some point.
Posted on 8/19/26 at 6:10 pm to friendlyobservation
Ok and what other country is responsible w/ there books???
Secondly who is going to call in the debt?
Secondly who is going to call in the debt?
Posted on 8/19/26 at 6:23 pm to RLDSC FAN
If sleepy Joe was president now these boards would be going f'ing nuts .
Posted on 8/19/26 at 6:25 pm to dblwall
quote:
If sleepy Joe was president now these boards would be going f'ing nuts .
If sleepy Joe were still president those numbers would be even worse. Just imagine the debt with all the free crap democrats want and don't forget about all the u said fraud
Posted on 8/19/26 at 6:28 pm to SOSFAN
quote:
Just imagine the debt with all the free crap democrats want
What free stuff have we taken away?
Posted on 8/19/26 at 6:31 pm to fightin tigers
quote:
What free stuff have we taken away?
Just to name a few condoms and aids prevention to other countries. Trans surgery and drag books to other countries. EBT has been cut by over 5.4 million plus many with it now have to buy food and not candy and sida
Posted on 8/19/26 at 6:33 pm to RLDSC FAN
It’s only going to get worse as social security and Medicare grow more insolvent
Posted on 8/19/26 at 6:34 pm to dblwall
quote:
If sleepy Joe was president now these boards would be going f'ing nuts .
Now we have Drowsy Don…or Diaper Don if you prefer.
Posted on 8/19/26 at 6:37 pm to SOSFAN
quote:
to name a few condoms and aids prevention to other countries. Trans surgery and drag books to other countries. EBT has been cut by over 5.4 million plus many with it now have to buy food and not candy and
Why would you bring the truth into this thread?
Posted on 8/19/26 at 6:39 pm to friendlyobservation
quote:
US dollar is going to be worth nothing soon.
As bad as that looks, now imagine how much more it’s sunk since the year 2000.
Posted on 8/19/26 at 6:39 pm to dblwall
quote:Well it'd also probably be around 50 by now and eggs would be $11 a carton
If sleepy Joe was president now these boards would be going f'ing nuts .
Posted on 8/19/26 at 6:39 pm to RLDSC FAN
The Failure of Obamacare from the start, didn’t help.
Posted on 8/19/26 at 6:39 pm to lsusa
One other thing to note
Tax revenue as a percentage of gdp is the same as it was for last half a century
The debt is rising for one reason and one reason only:
A cowardly refusal to address entitlement spending
We are actually pouring more gas on fire
Tax revenue as a percentage of gdp is the same as it was for last half a century
The debt is rising for one reason and one reason only:
A cowardly refusal to address entitlement spending
We are actually pouring more gas on fire
Posted on 8/19/26 at 6:41 pm to RLDSC FAN
Trumponomics, baby
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