The US Government Financial Spiral
Off Azimuth by Jon Messenger
Episode notes
The United States debt has grown out of control, with Congress operating like a credit card: spending money they don't have on programs they may or may not need. In the past 50 years, the nation's debt has grown from approximately $533 billion in 1975 to over $39 trillion as of March 2026. With Congress adding nearly $2 trillion to the debt every year, is there a hope for balancing the budget and - hopefully - transition from a budget deficit to a budget surplus? Join Off Azimuth as we explore possible outcomes of our burgeoning debt and ways by which it might be improved.
Keywords
politicsCongressnational debtdebtbankruptcy