- No Limit: Federal Debt Goes All The Way Up
The debt ceiling should be called the “debt target” since the US government hits a bullseye every time. The most recent so-called debt limit expired on March 1, 2019, despite the Celebrity-in-Chief’s vows to pay it down—an impossible task at $22 trillion.
So, the Treasury Department just issued a warning that their big gang will be unable to pay their bills later this year unless con-gress increases the amount of money they can “borrow” … again.
Meanwhile, both the mainstream media and loyalists of Trump’s oligarchy have cheered the agreement between Republicans (the red gang) and Democrats (the blue gang) to “invest” a whopping $2 trillion into “infrastructure.”
This can’t be good. Somehow investing stolen money back into the lives of the people it was taken from is… redundant at best. And although spending on “infrastructure” is always better than wasting more on war, it’s all just part of the centralized government pyramid scheme.