America's national debt has topped $34,000,000,000,000. The debt is rising faster and faster, reaching new milestones every few months. In September headlines buzzed when the debt exceeded $33 trillion, which means our government spent $1 trillion in about one quarter. Three months. 12 weeks.
Imagine what it's like to spend $1 trillion in just a few months. No individual can possibly fathom that. Not even Elon Musk, the richest man in the world with a net worth of $250 billion. Not even the government bureaucrats who authorize the spending.
The National Debt Is Now More than $34 trillion. What Does That Mean?, courtesy of Peter G. Peterson Foundation
Just five years ago in January 2019, the national debt stood at $16.1 trillion. We've more than doubled it since then. The country's future is in constant jeopardy as we gaze at the endlessly rising debt ticker, but We the People can change the course through Article V of the Constitution. State governments operate with balanced budgets, and it's time we require the federal government to do the same.
Together the states can convene to force budget requirements on D.C., and over 19 have already called for the convention to take place. Add your name to the petition below to help us reach the 34-state threshold needed to finally hold D.C. accountable. No more talk. Action!
The national debt has topped $34 trillion for the first time ever.
— RNC Research (@RNCResearch) January 3, 2024
Here's Biden claiming he "literally" cut the debt "in half," "by $1.7 billion," "by $7 billion," "by $1.4 trillion," and "by $1.7 trillion."
(He's lying — he has added to the debt)pic.twitter.com/qcRJ2hSlhs