This is a must read. If you cannot see this email properly, please click [here]( PoliticsAndMyPortfolio.com is a part of Sandpiper Marketing Group, LLC. They Don't Want You To Know About This Secret Trillion Dollar Government Debt Bomb The future does not look bright when it comes to America's money issues. The Congressional Budget Office recently released their calculations on how much debt our country will have over the next 10 years. The numbers are downright scary. Debt Will Hit Historic Highs In 2024, the national debt held by the public is expected to be $27.9 trillion. That's trillion with a "T". By 2034, that number grows to a mind-boggling $48.3 trillion. To make matters worse, when you compare the debt to the whole US economy, it looks even more frightening. In 2024 the debt will be 99% of America's GDP - our entire economic output. The only time it has ever been higher was in 1946 after World War II when it hit 106%. And it keeps rising. By 2028, the CBO says this percentage will break the 1946 record, hitting 116% GDP. --------------------------------------------------------------- Sponsor Message [New "Alternative" Currency Make Biden's Plans Obsolete?]( [If you’re worried about Biden’s “Digital Dollar” then you must check out this new “alternative” currency immediately…Click here now for all of the details.](
--------------------------------------------------------------- Out of Control Spending So what's causing the debt to balloon so huge? The main drivers are basic government spending that just keeps going up. Money going to programs like Medicare and Social Security is expected to jump from $3.9 trillion in 2024 to $6.3 trillion in 2034. That's trillions more in automatic spending already baked into the system. At the same time, the yearly interest on the debt will double from $569 billion to $1.6 trillion. As the debt goes up, so do the interest payments. A Reckoning Is Coming If the national debt keeps increasing like this, many economists warn that it will eventually hurt economic growth and stability. The higher the debt, the bigger the risk. It's like if you kept borrowing more and more money on your credit card without ever paying it down. Eventually you hit your limit and can't afford the interest payments. Something has to give. --------------------------------------------------------------- Sponsor Message [#1 Stock for Energy Crisis (Buy Now for Just $8)]( the world suffers an oil shock… And gas prices rip higher… One tiny company could have the answer to the global energy crisis. It’s using AI to crack open the largest untapped energy source on the planet… 5X larger than the biggest oil field on Earth. [Act fast, this $8 stock could be moments away from appreciating considerably.](
--------------------------------------------------------------- There is Still Hope However, all is not lost. As long as citizens stay focused on sensible solutions, there is hope. By sticking to prudent financial principles in our own lives and advocating for responsible policies from our leaders, we can turn things around. It won't be easy, but by maintaining diligence and integrity, America can get its fiscal house in order before it's too late. Our children are counting on it. --------------------------------------------------------------- Sponsor Message [Is Your Money - and Privacy - at Risk?](
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--------------------------------------------------------------- - Thomas Devine Editor, Contributor
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