Latest U.S. National Debt Amount

[Salty]

We should only spend per the 10th amendment; specifically what the COTUS allows.

That would be the DOD, State Dept, ect.

Other things, such as welfare, education, hospitals, ect - should be up to the local State/Commowealth

Interstate Highways, are a bit different - as they were created (officially) for Defense purposes.

Social Security should be seperate - as people put their "savings" into SS.

 

[Reynolds]

We should only spend per the 10th amendment; specifically what the COTUS allows.

That would be the DOD, State Dept, ect.

Other things, such as welfare, education, hospitals, ect - should be up to the local State/Commowealth

Interstate Highways, are a bit different - as they were created (officially) for Defense purposes.

Social Security should be seperate - as people put their "savings" into SS.

Agree.

 

[KenH]

Through the first quarter of fiscal year 2026.

 

[Salty]

wonder why the large decrease for 1st Qty FY 26?

 

[KenH]

wonder why the large decrease for 1st Qty FY 26?

What decrease are you referring to?

 

[KenH]

If you are interested in what the 1st quarter fiscal year 2025 increase in the national debt was, it was $753,931,382,518.30.

 

[Ben1445]

What decrease are you referring to?

The decrease in the amount of increase.
But I was reading those like Quarterly reports on each line.

 

[KenH]

But I was reading those like Quarterly reports on each line.

Yeah, there are yearly numbers for the prior fiscal years.

 

[KenH]

Extrapolated through September 30, 2026, that would result in a $2.8 trillion budget deficit for fiscal year 2026.

 

[KenH]

Extrapolated through September 30, 2026, that would result in a $2.9 trillion budget deficit for fiscal year 2026.

 

[KenH]

Well, well, well, well, just look what the Republican and Democratic Parties have done - they have put the United States into a $39 trillion national debt hole. $19.4 trillion of that has been run up in just the past nine and a half years. The amount through March 17, the first 168 days of fiscal year 2026, if extrapolated to the end of the September, would be a national deficit for the fiscal year of $3.0 trillion.

 

[Ben1445]

Well, well, well, well, just look what the Republican and Democratic Parties have done - they have put the United States into a $39 trillion national debt hole. $19.4 trillion of that has been run up in just the past nine and a half years. The amount through March 17, the first 168 days of fiscal year 2026, if extrapolated to the end of the September, would be a national deficit for the fiscal year of $3.0 trillion.

View attachment 13687

I agree that they should stop spending so much. But that is the nature of government. To lose any spending power is mentally difficult to accept for any government.

What do you propose that we do?

 

[KenH]

What do you propose that we do?

Reinstate the first constitution of the United States, the Articles of Confederation of 1781. This country was supposed to be a confederation, not a union. The Constitutional Convention of 1787 was one of the biggest, if the not the biggest, bait-and-switch jobs in all of human history.

 

[Ben1445]

Reinstate the first constitution of the United States, the Articles of Confederation of 1781. This country was supposed to be a confederation, not a union. The Constitutional Convention of 1787 was one of the biggest, if the not the biggest, bait-and-switch jobs in all of human history.

I think reinstating the second one would work well enough. Just reset it. We don’t need to change the amendments, though some of them should be tossed.
Just trim the fat. Get rid of the foolishness. That would work wonders for the country.
But I don’t see the purpose for going back to the confederation. I haven’t studied it all out to answer it now, but there certainly was a reason for the convention. I am not so much a conspiracy theorist as to believe that they intended the bait and switch all along.

 

[KenH]

But I don’t see the purpose for going back to the confederation.

Depends upon how large of a national government one wants. I want one small enough to fit in a lunch pail. Under the first constitution, the national government was responsible for handling relations with foreign countries and to defend the nation's border against invasion, and precious little else. The States were truly individual "laboratories of democracy."

So, definitely put me down on the side of Patrick Henry and the other Anti-Federalists.