this post was submitted on 24 Mar 2026
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United States | News & Politics

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The Treasury just declared the U.S. insolvent. The media missed it (fortune.com)
submitted 6 months ago by yogthos@lemmy.ml to c/usa@lemmy.ml
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[–] corsicanguppy@lemmy.ca 8 points 6 months ago

This is two conservative wonks pre-gaming an austerity push by proclaiming how bad things are before presenting their false dilemma. Ideally they want to take more benefits away and tax the non-rich even harder.