In the 1999 movie The Matrix, Agent Smith hears a train approaching and delivers one of the iconic movie lines:"That is the sound of inevitability."America, listen closely.‘THE ODYSSEY’ REMINDS US OF THE NIGHTMARE WE ARE LEAVING FOR AMERICAN CHILDRENOur national debt just blew through $40 trillion, and unless Washington dramatically changes course, that train has another destination coming into view very quickly.$50 trillion.Yes $50 trillion.But wait! There’s more!It could happen by 2030.
Yes, by 2030.This isn't a Republican problem.It isn't a Democratic problem.It's now an American math problem.JOHN ADAMS MADE A TERRIFYING PREDICTION.
AMERICA IS CLOSE TO PROVING HIM CORRECTThe Congressional Budget Office projects a federal deficit of approximately $1.9 trillion in 2026.But that's hardly the end of it.
CBO projects deficits totaling more than $23 trillion from 2026 through 2035.Think about that.We're already $40 trillion in debt, yet Washington isn't debating how to pay it down.In fact, we may decide to print even more money.
We're debating now how many additional trillions we'll borrow.If annual deficits average roughly $2 trillion to $2.5 trillion over the next several years, simple math puts $50 trillion frighteningly close.And there's another problem hiding inside those numbers.Interest.Lots and lots of interest.America now has the world's largest credit-card bill, and the minimum payment keeps getting bigger.
My prediction is that eventually it will be bigger than either Medicare or Social Security as a line item in our fiscal budget if don’t act soon.CBO projects net interest costs rising from 3.3% of GDP in 2026 to 4.6% by 2036.TRUMP ADMIN UNCOVERS 7,100% SURGE IN MEDICARE SKIN SUBSTITUTE CLAIMS, SAYS FRAUD CRACKDOWN BLOCKED MILLIONSEvery dollar Washington spends servicing yesterday's debt is a dollar unavailable for tomorrow's priorities without taxing, cutting or borrowing even more.That's how the debt snowball gets bigger.Borrow money.Pay inte...