Current National Debt

Our national debt ceiling has gotten ridiculous and from the looks of it, not going to get any better in the future. "WE THE PEOPLE" OF THE UNITED STATES OF AMERICA ARE THE ONES PAYING THE DEBT CREATED BY THIS GOVERNEMNT! One of the main culprits, "is consistently overspending" by our government. The federal government spends more than its budget that it creates a deficit. In the fiscal year of 2023, Our government spent roughly $381 billion "more than it collected" in revenues. Let that sink in! To pay that deficit, the government borrows money from federal income tax you pay in, which a budget deficit results. To pay for this deficit, the "federal government borrows money" by selling marketable securities such as Treasury bonds, bills, notes, floating rate notes, and Treasury inflation-protected securities (TIPS.) ...