🇺🇸 NEW: The US national debt has reached $37.08 trillion, with a debt-to-GDP ratio of 123.1%. https://t.co/3FpME3kJGO ...

National Debt & Future Obligations - The national debt is estimated to be double the perceived amount due to future obligations [2] - Future obligations of Social Security significantly exceed tax revenue [2] - Social Security is described as a "Ponzi scheme" where current payments are funded by current contributions [1] Social Security Concerns - Social Security's obligations cover an individual's entire retirement career [1] - People are living longer than expected, and birth rates are declining, increasing the burden on the system [3] - The financial situation for the federal government is expected to worsen in the future [3]

What is the biggest threat to national security. When Admiral Michael Mullen was asked that very question back in 2010, his answer shocked the nation. I responded that the most significant threat was our national debt, which was a bit of a surprise.Admiral Mullen served as the chairman of the Joint Chiefs of Staff under presidents George W. Bush and Barack Obama. Since then, the national debt has nearly quadrupled.Well, experts have warned that when a government spends so much related to its debt load, it c ...

US Debt & National Security - US national debt is seen as a significant threat to national security, potentially squeezing the discretionary defense budget [2][3] - The US is expected to spend $90 billion more on interest payments than on defense in 2024, marking a critical tipping point [4] - Increased defense spending by $2 billion this year and $150 billion over the next decade is projected due to recent tax and spending legislation [4] - The law will boost interest costs by $700 billion [4] - Adversaries like Russia and China may view US debt levels as a vulnerability [5] International Implications - China, a large foreign holder of US treasuries, has been steadily reducing its holdings [6] - Japan holds over $1 trillion worth of US debt, the most of any foreign country [6] - Reworking global trade relationships could impact international demand for treasuries and the US dollar [7][9] - Tariffs announced with Japan speak to the leverage that Japanese investors may have in trade talks [8] Potential Solutions & Challenges - Addressing the deficit requires a combination of spending cuts, tax increases, and a rainy day fund [11] - Solving the problem solely through tax revenue would require a 30% tax increase, while solving it solely through spending cuts would require a 25% spending cut [12] - Political divide is considered a major threat, potentially hindering efforts to address the debt issue [13]

“Checks and Balance” assess the implications of the big bill:🎧 How it will explode the national debt🎧 Comparing the process Congress used with how it was once done🎧 What the GOP prioritises, and what that means for its supportershttps://t.co/AdPFBS7DTp ...

RT Mario Nawfal (@MarioNawfal)ELON: OUR NATIONAL DEBT IS A DISASTER“What really matters is that government spending is not far in excess of government revenue.That's a fundamental issue that we have where we have a deficit of $2 trillion and we have interest payments that now exceed the entire budget of the military.In fact, that was a big wake-up call for me was when the amount of money that we pay in national debt interest exceeded the Defense Department budget.And the Defense Department budget is very bi ...

⚡️ UPDATE: Kalshi users predict the US national debt will reach $40 trillion this year. https://t.co/S1rF0N1TkC ...

NOW IT'S TIME FOR THE LAST WORD WITH ALI VELSHI HOSTING. GOOD EVENING, ALI. WHAT AN EXCELLENT SHOW.THANK YOU, MY FRIEND. I APPRECIATE THAT. I HOPE YOU GET A LITTLE BIT OF A BREAK THIS WEEKEND.YOU TOO, HARDEST WORKING MAN IN THE BUSINESS. I HOPE YOU DO TOO AT SOME POINT, AT SOME POINT. THANKS, HAVE A GREAT WEEKEND.WE'LL SEE YOU NEXT WEEK. SOUNDS GOOD. THANKS.WELL, REPUBLICANS KNEW IT WAS BAD. THEY SAID SO ON THE RECORD INTO MICROPHONES AT CLOSED DOOR MEETINGS. REPUBLICANS KNEW THAT THE BILL WOULD HURT MILLIO ...

Elections & Public Opinion - Public opinion and citizen action remain crucial despite challenges to institutions [1] - Elections still matter significantly, as seen in Wisconsin where voters rejected Elon Musk's interference and a 19th-century abortion ban was struck down [2] - The 2026 midterms are officially starting, and a controversial bill casts a shadow on Republicans [3] Legislative Analysis - A Republican-drafted bill is considered fundamentally flawed and poorly thought out [6][8] - The bill negatively impacts hospitals, especially in rural America, food security, and potentially climate change, while increasing the national debt [8] - The bill is perceived as giving a "big windfall" to Republican campaign donors [14] Political Strategy & Impact - Democrats see an opportunity to attack the bill and must also articulate what they stand for in areas like housing and education [18] - The bill's unpopularity could burden candidates like John Cornyn, Joni Ernst, and even Susan Collins, despite her vote against it [12] - Rural hospitals are particularly vulnerable and may close at a higher rate if the bill passes [10]

So, there we have it. Trump's big, beautiful bill, spending bonanza, got the votes it needed from Republicans in the House, and now it is making its way to the president's desk. So, what should you be prepared for.Well, the benefits of this bill will be like a sugar high. But I want you to know that usually when we rack up huge deficits, it's because we're in a crisis. Think COVID, World War II, the financial crisis.The government steps in, spends a lot in hopes of saving the economy. But this time, that's ...