Wall Street Journal Reporter Steve Moore: US Borrowing $5 Billion Each Day

Wall Street Journal reporter Steve Moore told Greta Van Sustern tonight On the Record that the Obama Administration is borrowing $5 billion each day just to keep the US economy afloat.

The US is paying $1.2 billion each month just on interest on the US debt to China.
China is holding $776 billion in US Treasury Securities.

The Obama Administration admitted this past weekend that they miscalculated the US debt by $2 trillion:

Greta meant to say debt not deficit.

More… Carole sent this cartoon–
It seems to fit:

(Birmingham News)

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Jim Hoft is the founder and editor of The Gateway Pundit, one of the top conservative news outlets in America. Jim was awarded the Reed Irvine Accuracy in Media Award in 2013 and is the proud recipient of the Breitbart Award for Excellence in Online Journalism from the Americans for Prosperity Foundation in May 2016. In 2023, The Gateway Pundit received the Most Trusted Print Media Award at the American Liberty Awards.

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