U.S. Insolvent? Treasury Financials Reveal Massive Liabilities Experts Say
The U.S. Department of the Treasury’s consolidated financial statements for fiscal year 2025 show a striking financial imbalance between federal assets and liabilities, prompting some fiscal experts to describe the nation’s finances as technically insolvent. According to the report, the federal government had about $6.06 trillion in total assets but $47.78 trillion in total liabilities as of…