Sandy Ingram
As of August 2024 the United States debt is $25 Trillion. Income taxes...by the end of the year the US will have collected $5 Trillion. The US government will spend $6.3 Trillion this year.
This means the government has overspent by around $1.9 trillion dollars.
The US is off budget...The government cannot lower its annual budget.
It will more than likely pursue higher inflation and we will have to survive this financial situation...
The Untied States hold 35 billion Iraqi dinars. An increase in value of the IQD will go a long way in paying down the US national debt..