🇺🇸 The Treasury just declared the U.S. insolvent. The media missed it
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.
Importantly, the $47.78 trillion in reported liabilities does not include the unfunded obligations of social insurance programs like Social Security and Medicare — those are disclosed separately in the off-balance-sheet Statement of Social Insurance (SOSI).
The government’s consolidated balance sheet position, excluding the SOSI, deteriorated by nearly $2.07 trillion between FY 2024 and FY 2025, reaching a staggering negative $41.72 trillion. Total liabilities are now nearly eight times the value of reported assets. The largest drivers were a $2 trillion increase in federal debt and interest payable (now $30.33 trillion) and a $438.8 billion increase in federal employee and veteran benefits payable (now $15.47 trillion).
The off-balance-sheet picture is even more alarming. The 75-year unfunded social insurance obligation surged by $10.1 trillion in a single year, rising from $78.3 trillion in FY 2024 to $88.4 trillion in FY 2025 — driven primarily by a $6.9 trillion jump in projected Medicare Part B shortfalls and a $2.5 trillion increase for Social Security. The Treasury’s Statement of Long-Term Fiscal Projections shows the 75-year fiscal gap widening from 4.3% of GDP in FY 2024 to 4.7% in FY 2025.
If the $88.4 trillion in 75-year off-balance-sheet obligations were added to the $47.8 trillion in official balance sheet liabilities, total federal obligations would now exceed $136.2 trillion — roughly five times U.S. annual GDP.
🔗 https://fortune.com/2026/03/23/us-government-insolvent-fiscal-crisis-fix/
In 1983, America's biggest daytime talk show did something that's never happened since.
It spent an hour on a live debate on the DPT shot and vaccine mandates. Injured kids were in the studio, and the host asked what no host would dare ask today:
"Why does it have to be a law? Should we have the freedom to decide?"
🇺🇸 A Red Baron delivery worker went viral after snapping at a social media prankster who pretended to steal $10 from his phone via Apple Pay while he was working.
The father of four broke down over his exhausting schedule and financial struggles, prompting the internet to rally behind him. A GoFundMe has since raised more than $500,000, while Red Baron publicly backed the employee and confirmed his job is safe.
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New York fined private Amish schools $118,000 for refusing vaccine mandates.
Their lawyer says only the Supreme Court can save them now.