#federaldebt — Public Fediverse posts
Live and recent posts from across the Fediverse tagged #federaldebt, aggregated by home.social.
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Fiscal responsibility and tax cuts
Needless to say most Americans are not aware of all this, don’t actually care and have no idea of the crisis we are possibly facing living on debt. We are headed to a very precarious place. As of late August 2026 Total national debt - Over $40 trillion Debt held by the public - About $32.3 trillion Intragovernmental debt - About $7.8 trillion Projected FY 2026 deficit - About $1.9 trillion Deficit as % of GDP - 5.8% Projected net interest cost, FY 2026 - About $1.0 trillion Debt […]https://quinnscommentary.net/2026/09/02/fiscal-responsibility-and-tax-cuts/
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This is what many Americans call socialism…
this is what they don’t want their taxes paying for. This is what Project 2025 and the Trump administration say need to be cut, and what individual responsibility and empowerment should take care of. These are some of the programs many Americans say are used by lazy loafers who don’t want to work. And, no, nobody pays for their own Social Security and Medicare benefits - Both are a collective risk using an insurance concept. Americas social safety net Social Security - Retirement, […]https://quinnscommentary.net/2026/07/28/this-is-what-many-americans-call-socialism/
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A few questions for MAGA supporters.
1 Do you know Trump’s position on making Social Security sustainable? Better look it up? 2 Have you heard anything lately about his “great” new health plan - coming in a few months — ten years ago? 3 Are you pleased he kept us out of foreign wars? 4 Was there a quick resolution of the Ukraine war employing his negotiating skills with Putin? 5 Has the deficit been lowered or our national debt been paid down using the high tariffs as promised? 6 Has there been a comprehensive […]https://quinnscommentary.net/2026/07/14/a-few-questions-for-maga-supporters/
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💸 𝐓𝐡𝐞 𝐍𝐚𝐭𝐢𝐨𝐧𝐚𝐥 𝐃𝐞𝐛𝐭 𝐉𝐮𝐬𝐭 𝐇𝐢𝐭 $39.2 𝐓𝐫𝐢𝐥𝐥𝐢𝐨𝐧 𝐚𝐧𝐝 𝐈𝐭'𝐬 𝐆𝐫𝐨𝐰𝐢𝐧𝐠 𝐄𝐯𝐞𝐫𝐲 𝐌𝐢𝐧𝐮𝐭𝐞 #𝐝𝐞𝐛𝐭 #𝐧𝐚𝐭𝐢𝐨𝐧𝐚𝐥𝐝𝐞𝐛𝐭 #𝐟𝐞𝐝𝐞𝐫𝐚𝐥𝐝𝐞𝐛𝐭 #𝐟𝐞𝐝𝐞𝐫𝐚𝐥𝐝𝐞𝐟𝐢𝐜𝐢𝐭
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“The ability of a few wealthy people to manipulate the system to this extent—leaving two tycoons who possess the emotional register of toddlers with the power to impoverish most of the country, to their own benefit, speaks ill of the health of American democracy, regardless of the outcome.”
#democracy #ruleoflaw #inequality #deficits #taxtherich #federaldebt
https://www.theatlantic.com/ideas/archive/2025/06/trump-musk-feud/683070/
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How high should the federal debt be? | From the debate between @destiny and Kaizen Asiedu, moderated by Nate Friedman
#FederalDebt #TradeDeficit #NateFriedman #KaizenAsiedu #Destiny
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Will Conservatives EVER lose the right to complain about the budget? | @destiny
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Elon Musk: America Is Headed for Bankruptcy - Tesla CEO Elon Musk has reiterated his concerns regarding U.S. government spending... - https://news.bitcoin.com/elon-musk-america-is-headed-for-bankruptcy/ #governmentspending #nationalbankruptcy #fiscalcrisis #federaldebt #u.s.economy #inflation #featured #elonmusk #u.s.debt
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Trump’s tax and spending plan would add $5.8 Trillion to the U.S. Budget Deficit whereas Harris’ plan will only add $1.2 Trillion over the same time period. Vote Harris/Walz for a stronger U.S. Economy.
#KamalaHarris #trump #republican #democrats #election #vote #democracy #economy #federaldebt