🔁Mario Nawfal:
🚨🇺🇸DEBT CEILING FARCE: ENDLESS RAISES MOCK FISCAL RESTRAINT
The debt ceiling, meant to cap government borrowing, has been raised 78 times since 1960, undermining its purpose.
Each hike signals unchecked spending, piling debt onto future generations.
The 2025 $5 trillion increase, tied to a bill adding $3.8 trillion in deficits is throwing gas on a debt flame.
Repeated raises drive up interest rates, hitting American wallets hard.
While default could trigger economic chaos, the ceiling's constant lifting turns a fiscal safeguard into a blank check for reckless budgets, rendering it a hollow gesture in the face of soaring national debt.
Each raise brings America closer to bankruptcy.
Source, CNBC, USA Today, Council on Foreign Relations
https://x.com/MarioNawfal/... https://x.com/elonmusk/sta...
🚨🇺🇸DEBT CEILING FARCE: ENDLESS RAISES MOCK FISCAL RESTRAINT
The debt ceiling, meant to cap government borrowing, has been raised 78 times since 1960, undermining its purpose.
Each hike signals unchecked spending, piling debt onto future generations.
The 2025 $5 trillion increase, tied to a bill adding $3.8 trillion in deficits is throwing gas on a debt flame.
Repeated raises drive up interest rates, hitting American wallets hard.
While default could trigger economic chaos, the ceiling's constant lifting turns a fiscal safeguard into a blank check for reckless budgets, rendering it a hollow gesture in the face of soaring national debt.
Each raise brings America closer to bankruptcy.
Source, CNBC, USA Today, Council on Foreign Relations
https://x.com/MarioNawfal/... https://x.com/elonmusk/sta...
9 hours ago
