Sunday, October 05, 2025

Fiscal Irresponsibility 41, US public debt now rising by an average of $20 billion a day

US government is toast even under Trump. It was already bad under Biden that US debt was increasing by an average of $5.4 B/day for four years. Now it's roughly $20 B/day. So much spending, so much borrowings, it is growing more mathematically impossible to pay those debt.


Source: US Treasury, Debt to the Penny.


An increase in debt of $132 B last Sept 30, another $226 B last Oct 1, total increase of $358 B in just 2 days.


And that's for outstanding debt alone. Not included there are guaranteed debt, or unfunded liabilities like long-term pension. Like Europe that's getting deeper and deeper in public debt, possible that both Europe and US will go for global war and if they win, have a global reset from public debt to digital currencies, vax mandate, climate mandates, etc.


The shutdown starting Oct 1 means US federal govt doesn't have enough money to sustain the spending, so the borrowings shd have declined. The reverse happened.

I think the corrupt war mongers around the world incl PH are silently rejoicing, more US money, borrowed money is with them.
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