The Treasury just declared the U.S. insolvent. The media missed it.

Mar 23, 2026 7:38 PM

Antininny

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17

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64

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21

https://fortune.com/2026/03/23/us-government-insolvent-fiscal-crisis-fix/

politics

getadogupya

It'll hit the headlines if the Democrats ever get back in power...

2 weeks ago | Likes 5 Dislikes 0

flounder35

Debt is now over 48 trillion. I saw an article on Yahoo that some economist said it could be over 50 trillion by the time that orange fuckwit is done in 29.

2 weeks ago | Likes 2 Dislikes 0

gtollie

It’s ok folks .. Pam Bondi said the Dow is at 50,000 .. ( down to ~46k today )

2 weeks ago | Likes 12 Dislikes 0

Antininny

2 weeks ago | Likes 3 Dislikes 0

VizierTempus

Oh boy, another "once in a life time" event for me to live through :D

holy fucking shit I am so tired of this. I just want financial stability and the ability to actually buy a house.

2 weeks ago | Likes 37 Dislikes 1

Level21Magikarp

At this point life doesn't even say 'bite the pillow in going in dry.' it just does.

2 weeks ago | Likes 7 Dislikes 0

Antininny

/s

2 weeks ago | Likes 5 Dislikes 1

yqpqfrdp625772

This is a story written by a republican who wants to prevent a govt healthcare option. That’s all this is. This story could have been written the exact same way with different numbers since the 1960s. The key is even in the screenshots: constitutional amendment that would prevent the budget from growing faster than the economy. Guess what socialized medicine would do to the govt budget relative to the economy?

2 weeks ago | Likes 6 Dislikes 0

alloutofmondays

Reduce the military budget by half and you basically get us to a balanced budget with room for healthcare.

2 weeks ago | Likes 1 Dislikes 0

yqpqfrdp625772

The military budget is around 1t per year now. Universal healthcare is projected to be more than 3t per year. Still cheaper than all the insurance we’re paying, but the military’s budget doesn’t come close.

2 weeks ago | Likes 1 Dislikes 0

alloutofmondays

And we also spend around 2 trillion a year on Medicare/medicaid. Reducing the military budget gets us a lot closer than you think, since not only does universal healthcare ensure a healthier workforce for a faster growing economy, we would see significantly less fraud which isn’t accounted for in the projected savings. Much harder to hide it without all the administrative bullshit.

A small tax increase on the top 20% of earners with a much larger wealth tax at the top 1% closes any gap.

2 weeks ago | Likes 1 Dislikes 0