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"We are racking up debt at an alarming pace, and it's unlikely to end any time soon. In fact, lawmakers seem hellbent on adding to that sum with trillions of unpaid-for tax cuts and spending increases."

reason.comFeds borrowed $1.3 trillion in the first 6 months of this fiscal yearThat's the highest total outside of the COVID-19 pandemic, and now Congress wants to borrow even more.

15/4/25, 12:28 pm19 reposts31 likes

Jackfire

@jackfire22.bsky.social

15 Apr 2025

And China selling its bonds, your debt, to punish the 🤡🤡 Trump. USA is in trouble

Wooji

@woojikuji.bsky.social

15 Apr 2025

Might as well get it before China shuts down Americas' reliance on them, holding our debt. America will go bust, and into another depression without other nations holding our debt.

dan

@mooresolutions.io

15 Apr 2025

China isn't even the biggest holder of US bonds, but the root issue is still debt. It doesn't matter who owns it. This is what happens when you rely on low interest rates so you can afford the interest payments on your own debt. Government debt is immoral, and was avoidable.