🔁Mario Nawfal:
🇺🇸 AMERICA’S DEBT NIGHTMARE: THE $162 TRILLION PROBLEM
Here’s a quick breakdown of America’s colossal financial burdens:
FY 2024 Budget Deficit: $1.8 TRILLION.
That’s the one-year gap between what the government spends and what it makes.
Think of it as the annual credit card bill we can’t pay off.
Current National Debt: $35.46 TRILLION.
This is the cumulative damage.
Every unpaid deficit piled up into one mind-boggling figure.
That’s $106,807 per person in the U.S.!
Unfunded Obligations: $125 TRILLION.
This is the real monster.
Future promises (like Social Security and Medicare) without the cash to back them.
The debt isn’t just a number—it’s a crisis.
Without reform, these obligations could swamp the economy, straining programs and skyrocketing taxes for future generations.
Time for Congress to step up—or sink deeper.
Source: Treasury Department, House Budget Committee Hearing
https://x.com/MarioNawfal/... https://x.com/elonmusk/sta...
🇺🇸 AMERICA’S DEBT NIGHTMARE: THE $162 TRILLION PROBLEM
Here’s a quick breakdown of America’s colossal financial burdens:
FY 2024 Budget Deficit: $1.8 TRILLION.
That’s the one-year gap between what the government spends and what it makes.
Think of it as the annual credit card bill we can’t pay off.
Current National Debt: $35.46 TRILLION.
This is the cumulative damage.
Every unpaid deficit piled up into one mind-boggling figure.
That’s $106,807 per person in the U.S.!
Unfunded Obligations: $125 TRILLION.
This is the real monster.
Future promises (like Social Security and Medicare) without the cash to back them.
The debt isn’t just a number—it’s a crisis.
Without reform, these obligations could swamp the economy, straining programs and skyrocketing taxes for future generations.
Time for Congress to step up—or sink deeper.
Source: Treasury Department, House Budget Committee Hearing
https://x.com/MarioNawfal/... https://x.com/elonmusk/sta...
3 days ago
