The Dems' Reactions to Trump's Iran Strikes Proves Again That They Can't Be...
Whose Side Are Democrats Really On?
Can the Left Ever Stop Its Craziness?
The Media Bombs With Its Coverage of the Iran Attack and Leaves Smoldering...
NYC Mayor's Race Watch: A Referendum on National Housing Policy?
A Wise and Frugal Government We Do Not Have, Nor a Virtuous One
Trump Did the Right Thing
There's Nobody to Talk to
The ‘First String’ Is Back in the Game
With Iran Destabilizing the Middle East, American Energy Is More Important Than Ever
Three Years Since Dobbs and the World’s Still Turning
The Senate Must Act to Bring College Costs Under Control
Three Years After Dobbs, the Result Is a Tale of Two Very Different...
One Big, Beautiful Bill: A Blueprint for America's Comeback
Hours After Trump Declares Ceasefire, Iran Denies Agreement, Blames Israel for Starting Wa...
Tipsheet

U.S. National Debt Passes Historic Milestone

AP Photo/Carolyn Kaster

The United States' national debt surpassed a staggering $30 trillion — that's 30,000,000,000,000.00 — on Tuesday afternoon, another economic milestone of shame achieved under President Biden's administration. 

Advertisement

And while Biden is not solely responsible for all $30 trillion, our national debt is not something his administration has taken seriously or done anything to mitigate. His expensive legislation — from infrastructure which succeeded in passing Congress to the unsuccessful Build Back Better budget that Senator Manchin (D-WV) said again Tuesday is "dead" — Biden and Democrats leaders in Congress are set on adding more to America's national debt. 

The New York Times noted that the landmark debt level "arrived years earlier than previously projected" and blamed the government measures aimed at addressing the Wuhan coronavirus that saw "trillions in federal spending that the United States has deployed to combat the pandemic." As even The Times notes, the U.S. response to COVID "has left the nation with a debt burden larger than the entire economy, surpassing levels of red ink not seen since World War II." 

Advertisement

As The Times also admits, the United States is grappling with "soaring prices," another credit to President Biden's mismanagement of the country's economy. As Townhall has covered, inflation under the Biden administration — something it tried to explain away as "transitory" — has notched multiple highs for both consumers and upstream producers. 

So despite its biased and rosy coverage of Biden and Democrats' tax-and-spend binge, even the New York Times realizes the impact of expanding government, paying people not to work, and bailing out useless companies while crippling America's ability to compete in the global economy.

Join the conversation as a VIP Member

Recommended

Trending on Townhall Videos

Advertisement
Advertisement
Advertisement