Arrr, matey! A scallywag report be spillin' the beans—Biden's makin' our treasure chest look like a leaky ol' ship!
2025-02-19
Arrr, matey! Captain Biden’s sailed the good ship America right into Davy Jones' locker of debt, a mighty $36 trillion deep! If he don’t steer her clear, we'll be swimmin' in $52 trillion by 2035! Blimey, hoist the anchor and patch the leaks, or we’ll be fish bait!
Ahoy mateys! Gather 'round as I spin ye a yarn of America’s debt troubles, which be growing like a kraken under the watch of Captain Biden! A fresh scroll from the Congressional Budget Office (CBO) reveals that if the winds of change don’t blow soon, we be headed straight for a tempest of budget woes that could sink the good ship Economy!The CBO, those savvy sea dogs, reckon that by the year 2035, the government’s treasure chest will be overflowing to the tune of $10.73 trillion—up from a mere $7 trillion in 2025! And what of the deficit, ye ask? It be set to rise to a staggering $2.7 trillion by 2035. Blimey!
Ye see, this be a treacherous cycle—a debt spiral as vicious as a hungry shark! To pay off old debts, the government be borrowin' more doubloons, which leads to even fatter interest payments. If the lads in charge don’t trim the sails and cut spendin’, America might find itself in a stormy sea of financial ruin.
So, let’s hoist the Jolly Roger and rally behind the cause to slay this monstrous debt beast before it devours us whole! Arrr, the time for action be swift—before we all find ourselves marooned on the island of Bankruptcy!