Search Results: money

Well right now we bring in $5 Trillion in Taxes , Bonds, Treasuries , and sales of Arms and everything else. In 2036 it is estimated the Interest on the Debt will be $5 Trillion. So that means 2037 we will not be able to pay the interest on the Debt , which means we will have to print money to pay some of the Interest on the Debt at current tax rates..

Countries are selling US treasuries in record number and are weening themselves away from the US. US population is aging needing more money in Health costs. The work force is shrinking due to people having less children. There will be more jobs lost than gained moving forward because of AI related Technology.

So how will US try to pay off Interest on the debt without printing money?

You can reduce size of Gov't.

Sell Gov't land

Raise taxes on working Americans to 90%

Raise taxes on Corporations to 75%

We will have to reduce spending for sure and or raise revenue somehow.

If we don't it looks like 2037 could be death of the American esperiment.

Trump is going to give Military another $500 Billion. Spending has increased , all the DOGE "Savings" has been spent. We are going farther and farther into debt. Not to mention all the natural disasters that are coming our way.