The U.S. Govt is Broke Broke

[Gloxina]

The Treasury just declared the U.S. insolvent. The media missed it​

By Steve H. Hanke and David M. Walker
March 23, 2026, 11:14 AM ET
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Steve Hanke is a professor of applied economics at The Johns Hopkins University and a member of the Board of Directors at the Federal Fiscal Sustainability Foundation. He is the co-editor, with Barry W. Poulson and John Merrifield, of Public Debt Sustainability: International Perspectives (Lexington Books, 2022). David M. Walker is the former Comptroller General of the United States and the Chairman of the Board of Directors at the Federal Fiscal Sustainability Foundation.

U.S. President Donald Trump stops to speak to reporters as he departs the White House on March 20, 2026 in Washington, DC. CHIP SOMODEVILLA/GETTY IMAGES

The U.S. government is insolvent. That’s not hyperbole — it’s the conclusion drawn directly from the Treasury Department’s own consolidated financial statements for fiscal year 2025, released last week to near-total media silence. The numbers: $6.06 trillion in total assets against $47.78 trillion in total liabilities as of September 30, 2025.

The Treasury just declared the U.S. insolvent. The media missed it | Fortune

The Government Accountability Office can't even verify the books. Here's what Congress must do.

fortune.com

 

[Strapped]

Lies op , they have plenty of money to waste on DHS, LEO , the biggest prison system & the military . We have the biggest law enforcement, biggest military with the most bases . Stop electing idiots & close some military bases

 

[Seoul Gleou]

Oh my god this is unbelievable

Send another 5 trillion to Israel

 

[The Realist Perspective]

@Pull Up the Roots

 

[AnonymityX1000]

The shining city on a hill. lol

 

[skokiaan]

nothing to see here, guy bankrupted a casino and still got elected as the best ever

 

[Stuntone]

We might as well make Floyd Mayweather Jr Head of the Federal Reserve and Treasury.

 

[Amo Husserl]

When you put it like that, we been insolvent.

 

[BlazedWun]

Israel

Starting to wonder if you ever post about anything else

 

[Stuntone]

We've been on Fiat Currency since Nixon was in office. WTF is she talking about?

 

[badboys11]

40 trillion in debt with 6 trillion in assets


If we took all the money in existence right now in the whole wide world, private people and governments combined, the united states would still be 32 trillion in debt


I dont know what that means


Country has been in debt since I was a child and balancing the budget was talked about during the 88 election. Its only gotten worse.


So what are the repercussions?

 

[Strapped]

nothing to see here, guy bankrupted a casino and still got elected as the best ever

What does it say about the voters because he did get the votes to be in office

 

[3rdWorld]

Managed strongly by the same clown that collapses a casino..

 

[MyApps]

This is why US is tied to Is Real

 

[O.T.I.S.]

40 trillion in debt with 6 trillion in assets


If we took all the money in existence right now in the whole wide world, private people and governments combined, the united states would still be 32 trillion in debt


I dont know what that means


Country has been in debt since I was a child and balancing the budget was talked about during the 88 election. Its only gotten worse.


So what are the repercussions?

I think countries been buying our debt (China) or some shyt.

They’re just going to print more and more money…

Our dollar about to reach toilet paper status… thanks to Trump. I guess it’s a good thing I didn’t leave the country yet.