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Fox host: The Committee for a Responsible Budget says your plans will increase the debt by $7.5 trillion Trump: But they don't know Fox host: The Wall Street Journal said your plans will add to the debt more than Kamala Harris’

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The US govt debt just reached a new all-time high of $39.5 trillion. It will reach $40 trillion within 3 or 4 months. 42% of all income tax revenue now goes to paying interest on the national debt. The debt will never be reduced. When bonds come due, the govt refinances at the current higher rates. This increases interest payments the govt pays. in the next 12 months, about $9 trillion in US govt debt will come due. The US treasury will need to refinance $9 trillion, plus they need to sell over $2 trillion in additional bonds (new debt) to cover the govt budget deficit. The key issue you have to consider is how this will affect you and your family. The US govt debt is swallowing the budget. The interest payments will likely consume more than 50% of all income tax revenue in a few years. At some point this financial Ponzi causes bond buyers to demand higher rates for the risk of owning US govt debt. The US govt will always pay it's debt, but if the Fed has to print money (digitally) to monetize the debt, then the US dollar declines in value. That affects your buying power and quality of life dramatically. Everything gets more expensive, but your income doesn't keep up with the process.
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The US govt debt just reached a new all-time high of $39.5 trillion. It will reach $40 trillion within 3 or 4 months. 42% of all income tax revenue now goes to paying interest on the national debt. The debt will never be reduced. When bonds come due, the govt refinances at the current higher rates. This increases interest payments the govt pays. in the next 12 months, about $9 trillion in US govt debt will come due. The US treasury will need to refinance $9 trillion, plus they need to sell over $2 trillion in additional bonds (new debt) to cover the govt budget deficit. The key issue you have to consider is how this will affect you and your family. The US govt debt is swallowing the budget. The interest payments will likely consume more than 50% of all income tax revenue in a few years. At some point this financial Ponzi causes bond buyers to demand higher rates for the risk of owning US govt debt. The US govt will always pay it's debt, but if the Fed has to print money (digitally) to monetize the debt, then the US dollar declines in value. That affects your buying power and quality of life dramatically. Everything gets more expensive, but your income doesn't keep up with the process.

Wall Street Mav

204,837 Aufrufe • vor 2 Monaten

Fmr. Rep. Murphy to Fox: When Trump was a candidate, he said ‘I’m gonna get rid of the national debt within eight years.’ Instead, he increased the debt by $7 trillion in four years. We can't afford more of his tax cuts for billionaires
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Fmr. Rep. Murphy to Fox: When Trump was a candidate, he said ‘I’m gonna get rid of the national debt within eight years.’ Instead, he increased the debt by $7 trillion in four years. We can't afford more of his tax cuts for billionaires

Headquarters

471,492 Aufrufe • vor 2 Jahren

Amazon is said to be exploring a reboot of "The Apprentice." The company has not reached out to the Trump family, but sources reportedly told The Wall Street Journal that Donald Trump Jr. is being considered as a possible host.
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Amazon is said to be exploring a reboot of "The Apprentice." The company has not reached out to the Trump family, but sources reportedly told The Wall Street Journal that Donald Trump Jr. is being considered as a possible host.

ABC News

24,054 Aufrufe • vor 4 Monaten

XRP Fam, as I said yesterday, it's no secret that the US will use crypto to pay its debt. Moreover, Putin and Xi Jinping know that America wants to pay its debt with crypto; in fact, they have expressed this several times themselves. That's why Russia has made clear decisions on crypto this year. President Trump ; "Maybe we'll pay off the $35 trillion US debt in crypto" "Maybe we'll pay off our $35 trillion debt by handing them a little crypto check" Thank you for the videos and your support Corsair 💪
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XRP Fam, as I said yesterday, it's no secret that the US will use crypto to pay its debt. Moreover, Putin and Xi Jinping know that America wants to pay its debt with crypto; in fact, they have expressed this several times themselves. That's why Russia has made clear decisions on crypto this year. President Trump ; "Maybe we'll pay off the $35 trillion US debt in crypto" "Maybe we'll pay off our $35 trillion debt by handing them a little crypto check" Thank you for the videos and your support Corsair 💪

CharuSan XRP

189,534 Aufrufe • vor 1 Monat

In 10 years, the US government will be $55-60 trillion in debt (which will be 7-7.5 times government revenue) because there will be $25-30 trillion of additional borrowing. That amounts to about $425,000 of debt per American family. When I calculate the supply and demand for this debt, I don’t see enough buyers to buy the debt the US needs to sell, which will cause big problems. We can avoid the worst-case scenario, but we need to act now. To learn more, I encourage you to read my new book, How Countries Go Broke: The Big Cycle. #raydalio #principles #economics #debt
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In 10 years, the US government will be $55-60 trillion in debt (which will be 7-7.5 times government revenue) because there will be $25-30 trillion of additional borrowing. That amounts to about $425,000 of debt per American family. When I calculate the supply and demand for this debt, I don’t see enough buyers to buy the debt the US needs to sell, which will cause big problems. We can avoid the worst-case scenario, but we need to act now. To learn more, I encourage you to read my new book, How Countries Go Broke: The Big Cycle. #raydalio #principles #economics #debt

Ray Dalio

381,829 Aufrufe • vor 1 Jahr

🚨#BREAKING: Elon Musk plans to support Donald Trump's campaign by contributing $45 million a month to a new super PAC aimed at electing President Trump, according to the Wall Street Journal
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🚨#BREAKING: Elon Musk plans to support Donald Trump's campaign by contributing $45 million a month to a new super PAC aimed at electing President Trump, according to the Wall Street Journal

R A W S A L E R T S

5,096,602 Aufrufe • vor 2 Jahren

Q: What are your plans for the housing affordability bill? Trump: I don't know. It's so unimportant
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Q: What are your plans for the housing affordability bill? Trump: I don't know. It's so unimportant

FactPost

2,180,791 Aufrufe • vor 2 Monaten

Host: Donald Trump is now asking taxpayers to be on the hook for renovations to the executive residence to the tune of $377 million. That is according to the new White House budget request for next year. It marks a more than 800% increase from last year.
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Host: Donald Trump is now asking taxpayers to be on the hook for renovations to the executive residence to the tune of $377 million. That is according to the new White House budget request for next year. It marks a more than 800% increase from last year.

FactPost

415,096 Aufrufe • vor 5 Monaten

Let's use Mark Carney's own math telling us how much richer the average Canadian will be from his Budget 2025: "The budget shows...we are going to put more than $3k in the pocket of every Canadian by the end of this decade." The budget has $322B in deficits. Divide that by 42M Canadians and you have $7.7K in deficits leaving the pocket of every Canadian. That's not including the record high cost of servicing that debt that will be over $80B/year. So this budget will cost every Canadian $7.7K and they will get back $3k plus record debt and cost. What a deal!
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Let's use Mark Carney's own math telling us how much richer the average Canadian will be from his Budget 2025: "The budget shows...we are going to put more than $3k in the pocket of every Canadian by the end of this decade." The budget has $322B in deficits. Divide that by 42M Canadians and you have $7.7K in deficits leaving the pocket of every Canadian. That's not including the record high cost of servicing that debt that will be over $80B/year. So this budget will cost every Canadian $7.7K and they will get back $3k plus record debt and cost. What a deal!

Kirk Lubimov

73,324 Aufrufe • vor 10 Monaten

The National Debt is now expected to reach $50,000,000,000,000.00 ($50 Trillion) by 2034. Yes' that's around $600,000 for every family of 4 in America. Now, ask yourself this. Would you vote for the president who raised the national debt more in 4 years than any other President had in 7 years, if you cared about this problem? FACT: Trump added $8.4 Trillion to the national debt in just 4 years. Both parties are to blame, but stop pretending that Trump, who also bankrupted multiple companies is the solution.
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The National Debt is now expected to reach $50,000,000,000,000.00 ($50 Trillion) by 2034. Yes' that's around $600,000 for every family of 4 in America. Now, ask yourself this. Would you vote for the president who raised the national debt more in 4 years than any other President had in 7 years, if you cared about this problem? FACT: Trump added $8.4 Trillion to the national debt in just 4 years. Both parties are to blame, but stop pretending that Trump, who also bankrupted multiple companies is the solution.

Brian Krassenstein

144,725 Aufrufe • vor 2 Jahren

NEW: Elon Musk blasts the Wall Street Journal, says he never said he was donating $45 million a month to Donald Trump. Reporter: “Are you still gonna donate to Trump? Are you still donating $45 million?” Musk: “At no point did I say that I was donating $45 million a month for Trump. That was a fiction made up by the Wall Street Journal.”
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NEW: Elon Musk blasts the Wall Street Journal, says he never said he was donating $45 million a month to Donald Trump. Reporter: “Are you still gonna donate to Trump? Are you still donating $45 million?” Musk: “At no point did I say that I was donating $45 million a month for Trump. That was a fiction made up by the Wall Street Journal.”

Collin Rugg

9,190,150 Aufrufe • vor 2 Jahren

Debt is $200 billion lower this year than what the Coalition left us. Australia's gross debt as a share of GDP is substantially lower under us than what they forecast in 2022. If the Coalition was in power right now debt would be approaching $1.2 trillion. Our responsible economic management has delivered one of the three strongest budgets in the G20 and much lower debt to GDP than any major advanced economy.
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Debt is $200 billion lower this year than what the Coalition left us. Australia's gross debt as a share of GDP is substantially lower under us than what they forecast in 2022. If the Coalition was in power right now debt would be approaching $1.2 trillion. Our responsible economic management has delivered one of the three strongest budgets in the G20 and much lower debt to GDP than any major advanced economy.

Jim Chalmers MP

190,192 Aufrufe • vor 1 Monat

Trump says the VP debate tomorrow night will be rigged against Vance, and he would love to have more debates against Kamala Harris but they are too rigged and unfair to him.
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Trump says the VP debate tomorrow night will be rigged against Vance, and he would love to have more debates against Kamala Harris but they are too rigged and unfair to him.

Ron Filipkowski

1,020,906 Aufrufe • vor 2 Jahren

I asked this question to the former Liberal Treasurer in 2020. Most of the federal debt was racked up by the Liberals and Nationals between 2013 and 2022 - they even doubled the debt before COVID-19. Labor is managing the economy and the Budget in a very responsible way.
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I asked this question to the former Liberal Treasurer in 2020. Most of the federal debt was racked up by the Liberals and Nationals between 2013 and 2022 - they even doubled the debt before COVID-19. Labor is managing the economy and the Budget in a very responsible way.

Jim Chalmers MP

50,405 Aufrufe • vor 1 Monat

“A Mark Carney-led government will balance the OPERATING budget in three years. at the same time, we will run a small deficit on CAPITAL spending.” -Mark Carney I want you to listen very carefully to what Finance Minister Champagne is saying in this video. He is talking about a balanced OPERATIONAL budget. An operational budget refers only to the expenses of running the country. It does not include incredibly expensive CAPITAL expenses. Instead, Minister Champagne refers to capital expenses as investments. THAT IS COMPLETE DISHONESTY. There is no G20 country that has this type of accounting practice. This is important to understand because Canada must go to the bond market to raise money. The bond market does not give a damn how you categorize your debt. Whether it's operational or capital spending, the deeper you get into debt the higher the rate of interest you will have to pay on that debt. In essence, both Carney and Champagne are grossly misleading the Canadian public by telling them that they will balance the operational budget. They're hoping that you don't understand how budgets work, and the truth is they will likely get away with it. Expect a massive increase in our national debt under a Carney government. Mark Carney François-Philippe Champagne (FPC) 🇨🇦
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“A Mark Carney-led government will balance the OPERATING budget in three years. at the same time, we will run a small deficit on CAPITAL spending.” -Mark Carney I want you to listen very carefully to what Finance Minister Champagne is saying in this video. He is talking about a balanced OPERATIONAL budget. An operational budget refers only to the expenses of running the country. It does not include incredibly expensive CAPITAL expenses. Instead, Minister Champagne refers to capital expenses as investments. THAT IS COMPLETE DISHONESTY. There is no G20 country that has this type of accounting practice. This is important to understand because Canada must go to the bond market to raise money. The bond market does not give a damn how you categorize your debt. Whether it's operational or capital spending, the deeper you get into debt the higher the rate of interest you will have to pay on that debt. In essence, both Carney and Champagne are grossly misleading the Canadian public by telling them that they will balance the operational budget. They're hoping that you don't understand how budgets work, and the truth is they will likely get away with it. Expect a massive increase in our national debt under a Carney government. Mark Carney François-Philippe Champagne (FPC) 🇨🇦

David Jacobs

106,247 Aufrufe • vor 1 Jahr

Fox host: Democrats don't respect election results. "When things in the game don't go the way Dems want it to go, they prefer to change the game rather than try to figure out how to win. And that happens with a lot of things - including elections."
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Fox host: Democrats don't respect election results. "When things in the game don't go the way Dems want it to go, they prefer to change the game rather than try to figure out how to win. And that happens with a lot of things - including elections."

The Intellectualist

279,750 Aufrufe • vor 3 Jahren

BREAKING: President Trump says $19.2 trillion has been committed to US manufacturing investment. "Not billion, not million. Trillion with a T." He also said AI will require more energy than the entire country currently produces.
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BREAKING: President Trump says $19.2 trillion has been committed to US manufacturing investment. "Not billion, not million. Trillion with a T." He also said AI will require more energy than the entire country currently produces.

Bull Theory

301,509 Aufrufe • vor 2 Monaten

Saudi Arabia plans to build Neom Stadium, a 350-meter-high, renewable-powered arena in The Line. Set to open around 2032, it will host 2034 World Cup matches up to the quarterfinals.
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Saudi Arabia plans to build Neom Stadium, a 350-meter-high, renewable-powered arena in The Line. Set to open around 2032, it will host 2034 World Cup matches up to the quarterfinals.

Massimo

250,245 Aufrufe • vor 11 Monaten