The US National Debt: A Looming Crisis for the Economy and the World
===============
#7b8e26cc ver:1.12
The US national debt has reached $34.8 trillion, with interest costs surpassing spending on defense and Medicare. The debt burden poses risks to the economy and the world. Solutions include responsible spending, issuing trillion-dollar coins, buying back debt, and implementing a financial transaction tax. The debt is held by various entities, and its consequences include higher taxes and reduced public services. Stabilizing the debt requires addressing it through fiscal discipline and international cooperation. #NationalDebt #EconomicCrisis #FiscalResponsibility...
#newstr #UsNationalDebt #InterestCosts #BorrowingVsPrinting #TrilliondollarCoins #FinancialTransactionTax #BidenAdministration #GovernmentSpending #Taxes
https://here.news/story/7b8e26cc?ver=1.12
US Debt Crisis Worsens as Watchdog Warns of Market Shock /
npub1uc…5jcjj
2024-06-24 08:03:30
Author Public Key
npub1ucqxsc9t36ddsdn4j3lkq38cp6ywcq93ggpm5kfyjfj94kqyzvgqs5jcjjPublished at
2024-06-24 08:03:30Event JSON
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"content": "The US National Debt: A Looming Crisis for the Economy and the World\n===============\t\n#7b8e26cc ver:1.12\n\nThe US national debt has reached $34.8 trillion, with interest costs surpassing spending on defense and Medicare. The debt burden poses risks to the economy and the world. Solutions include responsible spending, issuing trillion-dollar coins, buying back debt, and implementing a financial transaction tax. The debt is held by various entities, and its consequences include higher taxes and reduced public services. Stabilizing the debt requires addressing it through fiscal discipline and international cooperation. #NationalDebt #EconomicCrisis #FiscalResponsibility...\n\n#newstr #UsNationalDebt #InterestCosts #BorrowingVsPrinting #TrilliondollarCoins #FinancialTransactionTax #BidenAdministration #GovernmentSpending #Taxes \n\n https://here.news/story/7b8e26cc?ver=1.12",
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