New York Times: U.S. National Debt Hits $40 Trillion Dollars

Golden Age moment.

The U.S. national debt will be over $50 trillion when Trump leaves office.

New York Times:

“America’s gross national debt topped $40 trillion for the first time on Wednesday, an ominous milestone for an economy that sits on a shaky fiscal foundation after decades of borrowing to pay for the rising costs of the military, social safety net programs and President Trump’s tax cuts.

This year alone, the United States is on track to borrow more than $2 trillion to help pay for its obligations, including spending on the war in Iran and the sweeping tax cuts that Republicans enacted in 2025. Soaring interest payments to investors who have purchased America’s debt now make up about half of that red ink, pushing the United States into a deeper financial hole. …”

MAGA’s solution to this problem was to purge Thomas Massie and replace him with Ed Gallrein who ran on drafting young men to fight Iran for Israel. Among other things, Massie was known in Congress for his eccentric debt clock pin which he wore to draw attention to our dire financial future.

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