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Can we afford to defend America without going bankrupt?

4 6
18.10.2024

'Outnumbered' panelists discuss former President Trump's X interview with Elon Musk.

Russia and Ukraine. The Middle East. And what if China invades Taiwan?

No, America doesn’t have the Avengers, and we can’t be in all places around the world at one time. But there’s a much deeper and looming problem facing us that nobody seems to be talking about.

According to the U.S. National Debt Clock, the interest we pay every year on the money we borrowed from ourselves has now surpassed the money we spend annually on the fiscal budget for defending the United States of America.

A man walks past the National Debt Clock on 43rd Street in midtown New York City, Feb. 15, 2019. The debt has now passed $35 trillion. (Getty Images)

If we aren’t careful, it’s only a matter of time before the net interest on the debt is the single biggest line item on the fiscal budget for our country.

STOP THE INSANITY. OUR NATIONAL DEBT NOW TOPS $35 TRILLION...

Simply put, the national debt is similar to you using credit cards for your incessant spending problems on Amazon and Whole Foods and not paying off the full balance each month.

Credit card debt is a growing problem in America, but the principle of racking up debt remains the same as it does for America. The cost of purchases exceeds the income we bring in and that results in a deficit. The accumulated deficits over time........

© Fox News


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