Bidenomics Sends U.S. National Debt Soaring Past $31T for First Time

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The national debt has topped $31 trillion for the first time amid record inflation, rising interest rates, and recession fears.

It’s official. TheThe Congressional Budget Office , a U.S. federal agency that provides Congress with economic and budgetary analysis, has warned about America’s mounting debt load under the Biden administration, cautioning investors could lose confidence in the government’s ability to repay what it owes, as Breitbart NewsThose worries, the budget office said, could cause “interest rates to increase abruptly and inflation to spiral upward.

The $31 trillion threshold poses a political problem for President Biden, who has pledged to seek a more sustainable fiscal path and reduce federal budget deficits by $1 trillion over a decade. It also directly contradicts Biden’s claim in September, 2021 that his $3.5 trillion spending agenda actually cost “zero dollars” because of his sure, capable handling of taxpayer dollars.My Build Back Better Agenda costs zero dollars.

Instead of wasting money on tax breaks, loopholes, and tax evasion for big corporations and the wealthy, we can make a once-in-a-generation investment in working America.His message argued money was currently “wasted” on “tax breaks, loopholes, and tax evasion” and needed to be redistributed to American workers as directed by his office.added nearly $5 trillionThat projection includes Biden’s signature $1.

 

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Time to impeach before it’s too late…. Pass it on….

Um, it’s TRUMP who tripled the deficit. But you be you.

Cute when Republicans pretend to be fiscal conservatives

Wipe the trump off your face, traitors.

Been saying it for years....as many others have.... DEBT IS A NATIONAL SECURITY PROBLEM..AS IS OPEN BORDERS.. AS IS RELYING ON OTHER COUNTRIES FOR OUR BASIC NEEDA...I E ...OIL..GAS

you didn't complain when saint ronnie quadrupled the deficit when w spent 8 trillion or more on wars based on lies, or the 2 trillion tax break for the 1%

Already in a recession… it will be at a real high percentage. This hits every person in the USA. As Biden hasn’t put the democrats above the republicans and given them leeway to not be hit with the cost of living. As the economy is high and we will pay higher gas prices now.

Looming 🤔

Such bull crap. Simple research will show you this is what is true despite what the Trump Clowns are saying. Hell, Trump holds the record for the biggest national debt increase at 7.8T in 4 short years. 3.6T in Tax cuts for the rich and large corporations alone.

Did you know 1Trillion seconds ago it was 30,000 B.C.? (That’s how much a trillion is)

Deep into recession already. On way to depression.

NEWS FLASH: just announced Clueless Joe will be seen appearing later today in 4 states: Delaware, Unaware, Confusion and Vegetative.

Two consecutive quarters of negative growth is the standard. We are not stupid.

Joe don't care, old geeser wont be around much longer, his dementia is killing him.

If designated to a particular person , (me) our Democracy requires by Law to be charged. I stated my greivence insured and desperation to remedy the ability to have health care that is afforded everyone else. Our Nation defines itself on our Constitution. Please state yours.

It's not looming..... we're in a recession.

The Fed is playing enabler to Biden's spending addiction, we need an intervention.

sleepyjoe sucks as President

You can think the fake news media for their improper stories and suppression of information from all voters in the United States of America and those hard-core Democrat liberals who thought Joe was the saving grace. laughingstock of the world, we will all pay for it

But 81 million votes.

Another record for Struggling Joe!

31- Trump's 8 = 23

NOBODY BELIEVES YOU

Biden trying to count to three.

If the U$ g0v€rnm€nt was run as a corporation its shareholders would have demanded the CEO be fired his first month on the job. We the people have a very much smaller impact on our own future than we think we have.

And Biden is proud of it!

Elections have consequences

National debt is the cause of inflation. It’s called redistribution.

Vote RED and MAGA for CHANGES the current Administration is a disaster hurting Americans....if you voted for Biden what were you thinking?

US spends $81 billion a year to protect oil supplies, report estimates Fossil Fuel Subsidies Cost U.S. More than Defense Budget: IMF Report Big Oil Set for Record Profit as World Reels From High Fuel Cost

I don't believe any president in recent memory has not added significantly to the debt. Joe's not unique here. You could toss out 'tops X for the first time' with every president for every fiscal year.

If all of this sounds bad its because it is. NationalDebt

Democrats and Rino’s TAX and SPEND . Voters can drain the swamp. Voters can determine how OUR TAX Dollars are spent by electing fiscal conservatives. End the reckless spending once and for all.🇺🇸

We did it Joe!

Just think the interest paid for. Failed WH,Failed FED, with keep spending.😡

FJB

Yeah, look at the deficits in 2020 and 2021. That’ll do it. What - exactly, does that have to do with Biden though?

When you can only count to 2…😳😵‍💫

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