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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. The Government Accountability Office (GAO) issued a disclaimer of opinion on the U.S. government’s FY 2025 financial statements — the 29th consecutive year it has been unable to determine whether the statements are fairly presented. This is primarily due to serious, ongoing financial management problems at the Department of Defense and weaknesses in accounting for interagency transactions. FortuneThe Treasury just declared the U.S. insolvent. The media...The Government Accountability Office can't even verify the books. Here's what Congress must do.
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They Let It Happen…October 7th
Must be the same as Biden letting millions into our country. Let it happen 😂
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- Trump Fucking Nails it...Perfectly!!
I guess it depends on the age of the van and the age of the camels. Is there a Kelley Blue book for Camels or a Camel-Gurus website to check new and used Camels.- Today
- Fake news
- Climate Change - Midwest warming fastest in lower 48
Why are all your trails closed Krom? https://nyssa.evtrails.com/#- And the award for dumbest forum member goes to - Deepthroater
Tell us all about how setting your suspension clickers full soft for rough trails works out. “If it’s rough, soften them to make the suspension do its job” ~ @Deephaven- El Niño 2026/2027 - winter is canceled
- Cross Country 2026
Deepthroater is such a fucking moron that he doesn’t know that race took place in Minnesota last weekend.- 2,200 more Marines, 3 Navy ships likely headed to Middle East
- ***Official FSCE daily thread -
- Dems About To Lose Late Mail In Ballots
Either way you have to be registered obviously and in many states you have to request a mail in ballot. https://www.ncsl.org/elections-and-campaigns/table-18-states-with-all-mail-elections- They Let It Happen…October 7th
You sure the fuck aren't.- Americans are being played.
- Dems About To Lose Late Mail In Ballots
As I understand had the SC ruled on this prior to the 2000 election, Al Gore would’ve won. Just think, no Iraq War and a sensible approach to Afghanistan.- Dems About To Lose Late Mail In Ballots
Who cares, just set a postmark date.- Dems About To Lose Late Mail In Ballots
I highly recommend the absentee. Screw waiting in line. In this day and age it makes zero sense to go somewhere.- Dems About To Lose Late Mail In Ballots
mail in, and absentee are different fwiw... Absentee require you to request them in advance, have a valid reason. Mail in are just mailed to every one.- Cross Country 2026
Yes, I do work an off the farm job, what's it to ya? Back in 2015-2022ish, Cat was the only one with a factory built race sled in XC. If you raced a Polaris or Doo, you got the same sled you could order off the showroom floor. Polaris just out-Cat'ed Cat, that is all. And by a lot. Every one of the guys on that list has somewhere to be on Monday to pay the bills or is in some form of continuing education (college, trade school, tech college, etc.)- Yesterday
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My new RV- Cross Country 2026
Alaska sucks- 2026 Nascar Thread
Reddick has raised the bar on each team he's been with. Look what he did at RCR. Interesting that he got his start with Brad Kosilowski in trucks.- Trump Administration Announces End to Surge in Immigration Enforcement in Minneapolis
Who comes up with this shit? Everything that bastard Trump has touched has turned to shit. It’s got to be intentional.- Trump Administration Announces End to Surge in Immigration Enforcement in Minneapolis
WTF? - Random YouTube Videos
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