U.S. Treasury Will Have to Borrow $2 Trillion This Year Just to Continue Functioning—More Than $166 Billion Every Month

    https://fortune.com/2026/05/07/treasury-expected-to-borrow-2-trillion-omb-cbo-estimates/

    Posted by T_Shurt

    4 Comments

    1. Yet we have tens of billions for a war with Iran, tax cuts for billionaires, and a fancy ballroom. Meanwhile people go without SNAP and Medicaid benefits.

      What a scam on the working class.

    2. AMCorBUST2021 on

      We depend on others to borrow. Many would choose an alternative if one existed. But China is not trusted as a store of wealth and neither is crypto. The Euro is too early.

      So this monetary regime will continue until a reasonable alternative exists. One thing is clear from talking to politicians on both sides of the aisle- both are convinced they cannot cut spending or raise taxes.

    3. Thank god we have the fiscally conservative republicans in charge of everything. 

      I’ve been told they’re expert businessmen that know how to run the country like a business. 

      They w got the spirit!!!!

      Jjhshdhdjdjdjdjndjdhdhdjfjjdjdkdkfjfjfnfnfjcjcjfjfjfkfkfkfjfjfjfjf

    4. The party I’m surprised about is why is anyone still lending to the US. Although some say personal finance and governance finance are not the same, fundamentally, they are. If your friend asks to borrow money just to pay the interest on their prior borrowing, that’s imsane.

    Leave A Reply