US national debt hits a new record: $36 trillion

Where is all of the mainstreem lying media on this? You can thank the brain dead Biden administration for this- - US national debt passing $36T comes months after the $35T mark was reached in July 2024 -The U.S. national debt surpassed $36 trillion for the first time in the nation's history on Friday as the federal government continues to accumulate debt at a record-setting pace. New data from the Treasury Department released Friday afternoon showed that the gross national debt hit $36,034,994,586,981.97. The $36 trillion debt milestone comes just months after the U.S. eclipsed the $35 trillion mark in late July 2024. The national debt has passed other trillion-dollar milestones in the past year, as the $34 trillion mark was reached in early January 2024 and the $33 trillion threshold in September 2023. By comparison, the national debt hovered around $907 billion just four decades ago. The U.S. topping $36 trillion in total debt comes as the debt held by the public – a metric favored by economists that excludes debt held in intragovernmental accounts like the Social Security trust funds – is projected to reach 99% of the size of the U.S. gross domestic product this year.https://www.foxbusiness.com/economy/us-national-debt-hits-new-record-36-trillion

David, how much is Trump going to add to it with tax cuts for the rich, free IVF at 20k a pop, no taxes on tipped wages and no taxes on overtime?

 

Plus, he promised not to cut SS or Medicare. Where is the money coming from to pay for all of this free shit David?

Originally posted by: Mark

David, how much is Trump going to add to it with tax cuts for the rich, free IVF at 20k a pop, no taxes on tipped wages and no taxes on overtime?

 

Plus, he promised not to cut SS or Medicare. Where is the money coming from to pay for all of this free shit David?


  The REAL question is just how did the brain dead Biden administration manage to do this? This has happened since Biden took office - whatever happens from this day forward remains to be seen. Biden and the spend-spend-spend DemocRats are completely responsible for this calamity that is being handed to President Trump.

Originally posted by: David Miller

  The REAL question is just how did the brain dead Biden administration manage to do this? This has happened since Biden took office - whatever happens from this day forward remains to be seen. Biden and the spend-spend-spend DemocRats are completely responsible for this calamity that is being handed to President Trump.


Trump created this huge deficit with his 2018 tax giveaways, which are still in effect.

 

Answer the question you were asked, Daisy. Don't weasel.


Federal debt at the end of 2008 was $10T.  It is now $36T.  Democrats have been in control for 12 of 16 years. 

 

The biden gang could have eliminated the tax cuts but chose not to.

 

Originally posted by: tom

Federal debt at the end of 2008 was $10T.  It is now $36T.  Democrats have been in control for 12 of 16 years. 

 

The biden gang could have eliminated the tax cuts but chose not to.

 


  Exactly - those bastards have caused this with their spend-spend-spend bullshit.

Originally posted by: tom

Federal debt at the end of 2008 was $10T.  It is now $36T.  Democrats have been in control for 12 of 16 years. 

 

The biden gang could have eliminated the tax cuts but chose not to.

 


Stupid Tom, that would have required the cooperation of the House--and the MAGAs have blocked everything Biden has tried to do.

 

Stupid Tom!

There are two sides to the coin. The Republicans decided to choke off tax revenue from their rich corporate buddies. That contributes to the deficit.

 

Daisy, you're not so stupid as to not know that the government needs revenue, and when it doesn't get that, there's a deficit. You can't just blame it on spending. Be honest, Daisy.

Edited on Nov 22, 2024 6:34pm
Originally posted by: tom

Federal debt at the end of 2008 was $10T.  It is now $36T.  Democrats have been in control for 12 of 16 years. 

 

The biden gang could have eliminated the tax cuts but chose not to.

 


Why don't you tell us what federal debt was in 1795? I mean, as long as you're cherry-picking stats.

 

Stupid Tom!

Originally posted by: Kevin Lewis

There are two sides to the coin. The Republicans decided to choke off tax revenue from their rich corporate buddies. That contributes to the deficit.

 

Daisy, you're not so stupid as to not know that the government needs revenue, and when it doesn't get that, there's a deficit. You can't just blame it on spending. Be honest, Daisy.


  You are full of excuses and shit - as usual, Karen

Already a LVA subscriber?
To continue reading, choose an option below:
Diamond Membership
$3 per month
Unlimited access to LVA website
Exclusive subscriber-only content
Limited Member Rewards Online
Join Now
or
Platinum Membership
$50 per year
Unlimited access to LVA website
Exclusive subscriber-only content
Exclusive Member Rewards Book
Join Now