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40 States Are Drowning In Debt, Just Like The Federal Government

40 States Are Drowning In Debt, Just Like The Federal Government

by Mac Slavo | Oct 1, 2019 | Emergency Preparedness, Experts, Forecasting, Headline News

As the United States government continues to pile up debt, most states are following in its footsteps. Total state government debt now stands at $1.49 trillion with 40 states lacking sufficient funds to pay their bills according to Truth in Accounting’s...
U.S. National Debt Has Hit “Crisis Levels”

U.S. National Debt Has Hit “Crisis Levels”

by Mac Slavo | Sep 24, 2019 | Emergency Preparedness, Headline News

The United States government’s total public debt outstanding has reached $22.6 trillion with a few days left to go in the government’s 2019 fiscal year.  And that is not taking into account any of the unfunded liabilities (politicians’ promises to steal money...
U.S. Debt Could Be 2,000% Of GDP: A $400 Trillion Nightmare

U.S. Debt Could Be 2,000% Of GDP: A $400 Trillion Nightmare

by Mac Slavo | Sep 13, 2019 | Experts, Forecasting, Headline News

A new report has said that the real United States national debt could be well over what politicians tell us it is.  At a whopping $400 trillion, the U.S. debt would be 2,000% of GDP (gross domestic product) according to new calculations that include the federal...
Trump Wants Zero Or NEGATIVE Interest Rates To Help With The National Debt

Trump Wants Zero Or NEGATIVE Interest Rates To Help With The National Debt

by Mac Slavo | Sep 12, 2019 | Forecasting, Headline News

President Donald Trump has tweeted his support for zero or lower interest rates in the wake of a massive and crippling national debt. Not only is that a raw deal for those Americans who have saved up for an emergency, but it’ll help little in the face of the...
Possible Budget Deal Will Add $2 Trillion To The National Debt

Possible Budget Deal Will Add $2 Trillion To The National Debt

by Mac Slavo | Jul 23, 2019 | Headline News

About the only thing all people in government an agree on is that they need to spend more money and go further into debt.   If the new budget deal is signed by President Donald Trump, he will have authorized a 22 percent increase in federal discretionary spending...
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