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#usnationaldebt — Public Fediverse posts

Live and recent posts from across the Fediverse tagged #usnationaldebt, aggregated by home.social.

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  1. US federal debt hits $40 trillion: How America compares with Japan, India and other major economies

    By CNBCTV18.com  August 23, 2026, 3:29:23 PM IST (Published) America’s federal debt has crossed the $40 trillion mark,…
    #EuropeSays #Japan #JP #Economy #EconomyofJapan #globalgovernmentdebt #IMFdebt2026 #Japandebt-to-GDPratio #Japan'seconomy #Japaneseeconomy #USdebt$40trillion #USdebt-to-GDPratio #USfederaldebt #USgovernmentdebt #USnationaldebt #USvsJapandebt
    europesays.com/japan/79830/

  2. The U.S. National Debt – How Single Year Budgeting And Funding Cycles Lead To Unmanageable Government

    By Ken Larson

    Having dealt with the funding process in the government contracting industry (both large and small business) for over 40 years, I can discuss with some credibility a major weakness in the huge machine we call the US  Federal  Government — the one year budget cycle. 
      
    A huge reason for much of the largess in the National Debt is the fiscal year funding agony in which the US Government is entrenched. Shutdowns, delays and spoon feeding funds to areas as vital as the environment, national defense and healthcare must cease.  

    ___________________________________________________________________________________________________
    About mid-summer every agency begins to get paranoid about whether or not they have spent all their money, worried about having to return some and be cut back the next year. They flood the market with sources sought notifications and open solicitations to get the money committed. Many of these projects are meaningless.

    Then during the last fiscal month (September) proposals are stacked up all over the place and everything is bottle-necked. If you are a small business trying to get the paperwork processed and be under contract before the new fiscal year starts you are facing a major challenge.

    Surely the one year cycle has become a ludicrous exercise we can no longer afford and our government is choking on it. It is a political monstrosity that occurs too frequently to be managed effectively.

    Government must lay out a formal baseline over multiple years (I suggest at least 2 fiscal years – ideally 4 – tied to a presidential election)  – then fund in accordance with it and hold some principals in the agencies funded accountable by controlling their spending incrementally – not in an annual panic mode.

    Naturally exigencies can occur, such as COVID and unanticipated world events like the Russian invasion of Ukraine.   A management reserve can be set aside if events mandate scope changes in the baseline due to unforeseen circumstances. Congress could approve such baseline changes as they arise.

    There is a management technique for the above that DOD, NASA and the major agencies require by regulation in large government contracts. It is called “Earned Value Management” and it came about as a result of some of the biggest White Elephant overruns in Defense Department History. Earned Value Management Systems


    We have one of the biggest White Elephants ever in front of us (a National Debt exceeding $39 Trillion) National Debt Clock. We must get this mess under control, manage our finances and our debt or it will manage us into default.

    #budget #deficit #economics #economy #finance #FiscalYearEnd #FiscalYearEndFedShutdown #governmentBudget #GovernmentFiscalYearEnd #nationalDebt #news #politics #quotes #USNationalDebt
  3. Salesman Trump leaves China with very little in his bag

    Few things enrage Donald Trump more than being upstaged, particularly when he is on the biggest stage of…
    #NewsBeep #News #Business #AdamKinzinger #AU #Australia #Block1 #donaldtrump #HormuzBlockades #iranwar #JensenHuang #MAGA #Nvidia #Taiwanwar #ThucydidesTrap #Trump-Xisummit #USAI #USnationaldebt #US-China #xijinping
    newsbeep.com/au/673043/

  4. ‘This is the way’: World’s richest man Elon Musk endorses Warren Buffett’s five-minute plan to fix US debt now at $40 trillion. What is it?

    Elon Musk, the world’s richest man, has backed ace investor Warren Buffett‘s five-minute plan to tackle th…
    #UnitedStates #US #USA #BerkshireHathaway #ElonMusk #elonmusknews #elonmuskWarrenBuffett #Musk #U.S.Treasury #USnationaldebt #usnationaldebt$40trillion #WarrenBuffett #WarrenBuffettnews #warrenbuffettplantofixusdebt
    europesays.com/2981155/

  5. RE: c.im/@cdarwin/1163297013413286

    Trump and his cronies are treating the US Treasury like private equity firms treat their acquisitions; they’re loading it up on debt while enriching themselves and could care less about solvency. When America goes bankrupt they’ll be there to snap up whatever’s left for pennies on the dollar.

    #Trump #USPol #USNationalDebt

  6. Meanwhile, Europe is already exploiting America's Achilles' heel: its national debt. Ironic that an economic liability is limiting America's position to wreak havoc, but then, this is a president who has recklessly exploded the debt, rather than paying it off by last year as claimed.

    reason.com/2026/01/20/europes-

    #foreignPolicy #geopolitics #Greenland #idiocracy #irony #USNationalDebt

  7. US or China: Whose bubbles will loom larger in 2026?

    TOKYO — US President Donald Trump’s unusual fixation on criticizing the Federal Reserve is alarming policymakers and investors…
    #NewsBeep #News #Economy #Block2 #Business #CA #Canada #Chinadeflation #Chinaeconomy #ChinaOvercapacity #ChinaPropertyCrisis #JeromePowell #Trumptariffs #USFederalReserve #USnationaldebt #US-China #WeakUSDollar
    newsbeep.com/ca/380235/

  8. New tariffs are generating billions of dollars in revenue, but Bessent says that will go toward paying national debt

    Treasury Secretary Scott Bessent in Stockholm on July 29. – Magnus Lejhall/TT News Agency/AFP via Getty Images Treasury…
    #NewsBeep #News #US #USA #UnitedStates #UnitedStatesOfAmerica #Economy #Business #importtariffs #rebatechecks #scottbessent #tariffrevenue #USnationaldebt
    newsbeep.com/us/95495/

  9. Graph of #UsNationalDebt components: ritholtz.com/wp-content/upload
    If we could just remove the red portion (the tax cuts for the wealthy) and not do stupid things that put us into recession unnecessarily (like tariffs? like banking crises?) then we'd be in pretty good shape. Not that #UsNationalDebt should be the be-all end-all of financial decisions, it still would be so much better (temporarily ignoring capitalism being problematic) with those two parts of it being reduced.

  10. We REALLY need to define what 'to Americans' means to #RichPigs. Also, about that other 60%...

    "Trump just said: under consideration is giving 20% of #DOGE savings to Americans and 20% to paying down #usnationaldebt" @unusual_whales

  11. How Bitcoin Reserve Will Cut US National Debt by $16 Trillion? Michael Saylor Explains - MicroStrategy chairman Michael Saylor has once again stressed the importance of th... - coingape.com/how-bitcoin-reser #24/7cryptocurrencynews #bitcoinreserve #usnationaldebt #michaelsaylor #microstrategy #bitcoinnews #donaldtrump

  12. Is Bitcoin Reserve The Solution To US National Debt? - The United States of America is among the most developed countries in the world, w... - coingape.com/trending/is-bitco #24/7cryptocurrencynews #bitcoinreserves #usnationaldebt #useconomy

  13. Feasibility of Trillion-Dollar Platinum Coin Discussed by US Government, FOIA Documents Show - The trillion-dollar coin, an idea that surged as a solution to raising the U.S. de... - news.bitcoin.com/feasibility-o #trillion-dollarcoin #cryptocurrency #usnationaldebt #foiarequests #economics #platinum #crypto

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