Eps 0309 - Will $32 Trillion in Debt Lead to Financial Calamity in America?

The official debt of the United States is now north of $32 Trillion. If you assume only 50% of Americans pay any TAX at all, that's a future payment of more than $193,000 per taxpayer or somewhere between $600,000 and $800,000 per household. Many of us can barely support what we have now. How would this ever get paid? Likely through inflation but the cost would also be the world's reserve currency. There is absolutely NO WAY to have our cake and eat it too. Join me today as we listen to Rand Paul discuss the debt ceiling deal and why it won't help us balance budgets today or ever.

Sen. Rand Paul (R-KY) slams the debt limit bill and offers an amendment that would drastically overhaul the agreement as passed in the House and negotiated by President Biden and Speaker McCarthy. BREAKING NEWS: Rand Paul Pitches Massive Overhall To Debt Limit Bill On Senate Floor - YouTube