Fortune: “The U.S. government is insolvent. That’s not hyperbole — it’s the conclusion drawn directly from the Treasury Department’s own consolidated financial statements for fiscal year 2025, released last week to near-total media silence.”
@DemocracyMattersALot
It may not be hyperbole, but it is kind of BS. it's a conclusion drawn FROM Treasury data, yes, but drawn BY a couple folks from a foundation with an axe to grind. it's just a rehash of the old "if your family spent like the government you'd be broke" riff, which ignores minor differences like your family generally can't inflate away debt.
yes the US government is all kindsa fucked up at this point, but that stuff isn't why
