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Drowning in Debt: Taxpayers Foot $90,000 Per Second Bill

The U.S. national debt hits a catastrophic $40 trillion, growing at a rate of $90,000 per second, signaling a looming fiscal crisis.

Drowning in Debt: Taxpayers Foot $90,000 Per Second Bill
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WARNING: Do not look at the U.S. debt clock if you have a weak heart. The national debt has just shattered the unthinkable $40 TRILLION barrier, and the meter is spinning so fast it’s practically a blur—a jaw-dropping $90,000 added every single second, according to explosive new data from Congress. That’s right, while you read this sentence, your share of America’s IOU grew by another house down payment.

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Economists are sounding the alarm sirens, whispering behind closed doors about a fiscal runaway train with no brakes in sight. “It’s unsustainable,” hissed one Washington insider, who spoke on condition of anonymity for fear of political retribution. The drivers? A toxic cocktail of runaway spending, political gridlock, and a blank-check mentality that has future generations already on the hook for a debt they didn’t incur.

Don Boudreaux, an economist at George Mason University, laid out the grim reality for 7News: this isn’t some abstract number on a spreadsheet. It’s the ghost haunting every family budget, secretly inflating costs, strangling opportunity, and threatening to trigger a financial reckoning that would make 2008 look like a mild market hiccup. The path to recovery, experts warn, is a steep, painful climb of austerity that no politician currently in office has the spine to prescribe.

The real scandal? The very lawmakers wringing their hands over this figure are the ones who signed the checks. It’s a bipartisan bonfire of cash, with each side blaming the other as the flames climb higher. Meanwhile, the live debt tracker ticks on, a real-time monument to fiscal insanity, and your grandchildren’s future paychecks are being quietly pledged as collateral.

Original article: WJLA ▸

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business · Exclusive

Drowning in Debt: Taxpayers Foot $90,000 Per Second Bill

The U.S. national debt hits a catastrophic $40 trillion, growing at a rate of $90,000 per second, signaling a looming fiscal crisis.

Drowning in Debt: Taxpayers Foot $90,000 Per Second Bill

WARNING: Do not look at the U.S. debt clock if you have a weak heart. The national debt has just shattered the unthinkable $40 TRILLION barrier, and the meter is spinning so fast it’s practically a blur—a jaw-dropping $90,000 added every single second, according to explosive new data from Congress. That’s right, while you read this sentence, your share of America’s IOU grew by another house down payment.

Advertisement

Economists are sounding the alarm sirens, whispering behind closed doors about a fiscal runaway train with no brakes in sight. “It’s unsustainable,” hissed one Washington insider, who spoke on condition of anonymity for fear of political retribution. The drivers? A toxic cocktail of runaway spending, political gridlock, and a blank-check mentality that has future generations already on the hook for a debt they didn’t incur.

Don Boudreaux, an economist at George Mason University, laid out the grim reality for 7News: this isn’t some abstract number on a spreadsheet. It’s the ghost haunting every family budget, secretly inflating costs, strangling opportunity, and threatening to trigger a financial reckoning that would make 2008 look like a mild market hiccup. The path to recovery, experts warn, is a steep, painful climb of austerity that no politician currently in office has the spine to prescribe.

The real scandal? The very lawmakers wringing their hands over this figure are the ones who signed the checks. It’s a bipartisan bonfire of cash, with each side blaming the other as the flames climb higher. Meanwhile, the live debt tracker ticks on, a real-time monument to fiscal insanity, and your grandchildren’s future paychecks are being quietly pledged as collateral.

Original article: WJLA ▸

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