Podcast Episode
Why America’s $40 Trillion Debt Is Already Your Problem

About this episode
America owes $40 trillion. How much longer can Washington keep borrowing before the bill becomes a crisis?Let's look at the national debt in household terms, examine the growing cost of interest, and compare the records of Republican and Democratic presidents. Trump promised fiscal responsibility, but let's see what he actually delivered—and why Democrats don’t get a free pass either.This reaches beyond Washington: your mortgage, your retirement, and your children’s future are part of the bill. Are you okay with this?Follow me on social media
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U.S. Department of the Treasury: https://fiscaldata.treasury.gov/datasets/debt-to-the-penny/debt-to-the-pennyU.S. Department of the Treasury: https://api.fiscaldata.treasury.gov/services/api/fiscal_service/v2/accounting/od/debt_to_pennyNPR: https://www.npr.org/2026/08/20/nx-s1-5939473/40-trillion-federal-debtReuters: https://www.reuters.com/world/us-debt-crosses-40-trillion-threshold-after-doubling-under-trump-biden-2026-08-19/Wall Street Journal: https://www.wsj.com/economy/u-s-debt-just-topped-40-trillion-how-we-got-here-c1c6c9d2The Hill: https://thehill.com/homenews/senate/6050623-trump-debt-limit-bond-market-republicans/Congressional Budget Office: https://www.cbo.gov/publication/61307Peter G. Peterson Foundation: https://www.pgpf.org/article/budget-explainer-national-defense/usgovernmentspending.com: https://usgovernmentspending.com/debt_deficit_brief.phpusgovernmentspending.com: https://www.usgovernmentspending.com/federal_deficit_percent_gdpBipartisan Policy Center: https://bipartisanpolicy.org/article/visualizing-cbos-budget-and-economic-outlook-2025/24/7 Wall St.: https://247wallst.com/investing/2026/06/16/the-u-s-has-8-trillion-in-debt-maturing-in-12-months-thats-a-bonkers-record-high/TIME: https://time.com/5912938/trump-afghanistan-iraq-troop-reduction/RFE/RL: https://www.rferl.org/a/in-reelection-bid-trump-pushes-afghan-troop-withdrawal-to-meet-campaign-promise/30850183.htmlNPR: https://www.npr.org/2025/06/21/nx-s1-5441127/iran-us-strike-nuclear-trumpAmerican Society of International Law: https://asil.org/ilib/us-bombs-three-iranian-nuclear-sites-fordow-natanz-and-isfahan/PBS News: https://www.pbs.org/newshour/politics/fact-checking-statements-made-by-trump-to-justify-u-s-strikes-on-iranBritannica: https://www.britannica.com/event/2026-Iran-warNBC News: https://www.nbcnews.com/world/iran/iran-supreme-leader-mojtaba-khamenei-rcna261645Al Jazeera: https://www.aljazeera.com/features/2026/3/8/who-is-mojtaba-khamenei-a-contender-for-irans-leadership-amid-warAl Jazeera: https://www.aljazeera.com/news/liveblog/2026/8/26/iran-war-live-iran-says-hormuz-remains-closed-despite-oman-rout-dealThe Washington Post: https://www.washingtonpost.com/politics/2016/live-updates/general-election/real-time-fact-checking-and-analysis-of-the-first-presidential-debate/fact-check-has-trump-declared-bankruptcy-four-or-six-times/PolitiFact: https://www.politifact.com/factchecks/2016/jun/21/hillary-clinton/yep-donald-trumps-companies-have-declared-bankrupt/ABC News: https://abcnews.com/Business/trump-linked-crypto-venture-world-liberty-trust-granted/story?id=135668756CNN Business: https://www.cnn.com/2026/08/17/investing/trump-crypto-bank-world-libertyFortune: https://fortune.com/2026/02/02/world-liberty-financial-spy-sheikh-500-million-trump-family-conflicts-of-interest/