Total Debt: $31.4 Trillion
Annual interest paid on debt: -#1.2 trillion by 2024
Annual tax revenue: $4.9 trillion
Annual Deficit: $1.4 trillion loss
Projected 2023 Deficit: over $2 trillion
Janet Yellen taps retirement funds to avoid breaching US debt limit. Does any of this sound like sound spending habits, good stewards of the money Americans have paid into the tax system? If this were a company, would you invest in it? Hell no.
The ethical work that the Joe Biden can do is to sit down with Treasury and the members of Congress and negotiate. If you don't negotiate then we have no leadership in Washington. We just have elected people who think that it is ok to put the American people in greater debt. Perhaps it is time to shut the government down to get people to the negotiating table. This is no longer about politics, this is about working together to reduce our nations debt and curb spending. Otherwise, you can expect the economy of America to get even worse. Do what's ethical, and not what is political.
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