[src + arch inside] US government will run out of money by October 18, Treasury secretary says [1141x765 - 1011KB]

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[src + arch inside] US government will run out of money by October 18, Treasury secretary says [1141x765 - 1011KB] (poal.co)

https://www.cnn.com/2021/09/28/economy/debt-ceiling-deadline-yellen/index.html -> https://archive.md/w4yX0

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[–] • 0 pt

Aren't we around $22 trillion in debt currently? Didn't we run out of money about $22 trillion ago?

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[–] • 0 pt

Yes and no. The VAST majority of our "debt" isn't actual debt. It's promised spending that's in bulls for things like welfare. It's not debt to anyone. China owns like $1 trillion in bonds.

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