Our word of the day, boys and girls, is “insolvency.” Data from the U.S. Treasury Department shows that our national debt jumped by a mind-blowing $275 billion in a single day.
I recently wrote a piece citing multiple experts to argue that the U.S. government’s debt is unsustainable. We cannot afford the majority of our current spending, let alone increased spending. The new sobering data from the Treasury Department just emphasizes my point.The Treasury Department’s Debt to the Penny data page posts the U.S. debt on every business day. Before discussing the data in detail, […]
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