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.
You’re not missing anything, the article is a wild misrepresentation of how nation-state finances work. This piece is pretty transparently pro-austerity/conservative funding bill propaganda.