The US added - checks notes - $275 billion in debt in, uh, ONE DAY
• https://twitter.comTotal US debt is now $33.442 trillion, hit $33 trillion just 2 weeks ago, and on pace to rise by $1 trillion in 1 month. WTF is going on
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Total US debt is now $33.442 trillion, hit $33 trillion just 2 weeks ago, and on pace to rise by $1 trillion in 1 month. WTF is going on
If you are going to go out, you might as well do it with a bang.
House Judiciary Committee Chairman Jim Jordan is the first to throw his hat in the ring to replace Kevin McCarthy as House Speaker, as Ukraine money laundromat supporters on both sides of the aisle have gone full panic mode.
Mr Gaetz had accused him of making a secret deal with the White House to continue funding for Ukraine.
Congressman Matt Gaetz has been warning us about House Speaker Kevin McCarthy since before McCarthy got the job.
Once again, due to the ongoing lack of fiscal responsibility in Washington, the markets and the economy faced a Government shutdown.
Rep. Matt Gaetz (R-FL) on Monday moved to force a vote to oust Speaker Kevin McCarthy (R-CA) after McCarthy enlisted Democrats to pass a Continuing Resolution to keep the government funded through mid-November, and cut a secret side-deal for Ukraine
Federal spending is so out of control that it only took three months for the federal debt to increase by one trillion dollars to over 33 trillion dollars. In contrast, it took almost 200 years for the federal debt to reach one trillion dollars.
They are keeping the government open temporarily but they just blew another 25 Billion Dollars
Another year, another looming government shutdown.
Update (2157ET): It looks like the Senate isn't willing to strip Ukraine funds from the continuing resolution. In a Friday night tweet, House Speaker Kevin McCarthy (R-CA) said that the "misguided Senate bill has no path forward and is dead on arriva
Two-Punch "The statement that "Joe Biden wasn't involved in Hunter Biden's business," is absurd in its face. Joe Biden was Hunter Biden's business." - Margot Cleveland
Moody's is warning that a federal government shutdown on Oct. 1 would likely result in a downgrade of its credit rating on the U.S. economy.
"If leadership insists on funding another country's government at the expense of our own government, all blame rests with their intransigence," Paul wrote.
Barring a breakthrough, federal funding will lapse at midnight on Sept. 30, halting most government works but not all. Here is a list of all services that stop and what would still go on
The U.S. food stamp program is losing around $1 billion a month owing to alleged fraud and errors, Sen. Joni Ernst (R-Iowa) has warned.
While millions of Americans face the likelihood of being sent home without pay should the government shut down at the end of the month, one group of workers has no such worries: Ukrainians on the US dole! That's right: our "Representatives" in Congre
A recent segment on "60 Minutes" revealed that U.S. taxpayers are not only supporting Ukraine's military but also subsidizing its economy by covering the salaries of all 57,000 of Ukraine's first responders.
The Biden administration on Monday announced a $2 billion loan for Poland that will go toward modernizing Warsaw's military.
A newly aired "60 Minutes" segment entitled The unexpected way American tax dollars are being used in Ukraine has uncovered that the US government is paying the salaries of some 57,000 Ukrainian civic services personnel.
Warhawks Want Blank Check With No Victory In Sight
By the time an army of 80,000 Russian troops invaded Ottoman territory in June 1853 at the outbreak of the Crimean War, the imperial finances of the Ottoman Empire were already a complete disaster.
It took the U.S. federal government almost 200 years to rack up $1 Trillion in debt. The latest trillion to be added took a mere 3 months!
Robin Hanson has come up with a plan to use the massive national debt of most countries to fund the large enough payments to make $300,000 to $700,000 payments to encourage couples to have enough babies to stop population decline.
The Great Debt Fiasco: How Washington's 'Reckless And Opportunistic' Pandemic Splurge Jeopardized America's Future
The power to declare and finance wars around the world is now in full control of the military industrial complex who created the Ukraine war.
In this video, John goes into the global all-debt bubble that is upon us caused by what he calls peak debt saturation. He discusses how it may unfold and points out the many storm clouds surrounding the world economy.
Update(12:20ET): With Zelensky in Capitol Hill, and with Ukraine aid hanging in the balance, Kevin McCarthy has failed for a second time to advance a bill funding the Defense Department, which keeps the government on a path toward a shutdown on Oct.
A Pentagon official said a shutdown might stop arms deliveries to Ukraine and training of Ukrainian troops
The administration has no plans to help as Kevin McCarthy and House Republicans inch closer to a government shutdown.