The Date Of A Government DEFAULT Was Just Released (Uncut) 03-29-2025

BREAKING: The Date Of A Government DEFAULT Was Just Released

The Congressional Budget Office just gave a dire warning that the United States government is going to run out of money very, very soon. The latest CBO report warns that the government could run out of money as soon as August if lawmakers fail to raise the debt limit. I’m going to reveal exactly what’s going on, and maybe more importantly, if you should be concerned in one simple, fast step.

Let’s start by going over the TGA. This is the Treasury General Account. This is basically the checking account for the U.S. government that they have with the Federal Reserve.

We go from today’s date all the way back to, eh, 2021. On the left, we go from zero up to $1 trillion, or according to this chart, $1,000 billion, whichever you prefer. So we go back to 2021, we’re right around $800 billion.

Now, if we zoom out, editor, go ahead and help me out with this one, you’ll see that even the levels where we are right now and where we have been for the past few years is pretty high, but that doesn’t mean that we shouldn’t be worried about the level we’re at right now because we’ve hit the debt ceiling. More on that in just a moment. So in 2021, or going into 2021, we get down very close to zero, but then it shoots straight back up to over a trillion.

We go through this roller coaster ride. It gets a little more stable here over the past couple of years, but then like I said, in January of 2025, we hit the debt ceiling. So what is the debt ceiling? This is just simply a law that the government has that once the debt gets to a certain level, they can’t go any higher unless they raise the debt ceiling by another, whatever, $3 trillion, $5 trillion.

So if the debt right now for the United States federal government is $36 trillion, as of January 2025, that cannot increase. And then you have the Democrats and the Republicans just going back and forth and back and forth and kind of using it as a political tool or maybe a political weapon to get the things they want and agree to raise the debt ceiling once again. But right now, according to the CBO, the Congressional Budget Office, we are getting into the danger zone or as we say on this channel, the no bueno zone.

And it is true. They still have about $400 billion in this account, but you can see the trajectory is going down very, very quickly. We’ve got a Wile E. Coyote chart right here.

And the CBO projects that the Treasury, the United States government, could be completely tapped out, completely bone dry, no MAS, no more money by August of this year. And of course, everyone in the mainstream media is talking about how this could be absolutely catastrophic. As an example, editor, cut to some clips.

Federal government could run out of money to pay its bills on time as soon as August if lawmakers fail to raise or suspend the debt limit. That’s going to cause, could cause some potential economic issues for the U.S. It could even potentially cause some national security issues for the U.S. The default by the United States would be a cataclysm for the international financial system. No one thinks that’s a good idea.

So did you notice one thing about what they were saying is that they either explicitly or implicitly implied that the United States was going to default on not just their expenses, but their debt, the $36 trillion in debt. And to give you just another example of how egregious this is, editor, cut right to this blog post from 1200 News Radio WOAI. The very first sentence, the very first thing they say, the United States could default on $36.6 trillion in debt by August.

I’m going to tell you right now, this narrative is completely fake news. And I’m going to explain here in just a moment, then I’m going to go over if this actually is a catastrophe that you should be losing sleep over. So notice we change there the magic of editing, isn’t that incredible? We’ve got Scott Besent right here.

He is the treasury as of right now. He’s managing that treasury general account that we had up on the board earlier. And he’s got some individuals, some entities that he’s dealing with.

We’ve got the average Joe taxpayer right here, they’re not too happy. We’ve got everybody’s favorite tax receiver or money receiver of tax dollars that the average Joe is paying, that would be Vladimir Zelensky himself. And you can see he’s got his whole outfit here with the black t-shirt and black pants, but he is pissed.

He’s like, I can’t really do his accent, but he’s saying, Scott, you owe me money. You told me you would give me money and I need my money right now. So Scott Besent says, sorry, Vlad.

Now, I don’t know, you see, I’ve got several S’s there to depict kind of a lisp. Now, I don’t know if he’s the gay dude that normally talks just the same way at all times, but I’ve got a lot of gay friends and a lot of times they’re a bit like Kamala Harris, where if she’s talking to white people, she’s talking just like this. But if she’s talking to a group like a black church or something like that, she’s speaking much differently.

Y’all going out and blah, blah, blah, blah, blah, blah, blah. Obama did the exact same thing. And gay dudes, you gotta admit, they’re kind of in the same boat.

Not that that’s bad or good or whatever, but it’s just an observation. So we’ll assume for a moment in this scenario, Scott isn’t full on gay lisp. I mean, that would require probably 10 S’s at the beginning of the story, but he is a little perturbed.

So he’s giving a little bit of twang there, a little bit of sass, a little bit of attitude. So he says, absolutely not. Sorry, Vlad, I don’t have the money to pay you.

And he says, well, go ahead and issue more debt. He’s like, well, I can’t do that. And the mainstream media comes in and says, aha, see, that means the United States is going to default on their debt because they can’t issue more debt.

No, no, no, no, no. This is inaccurate. Why? Because the law is that the debt can’t go any higher.

It doesn’t necessarily mean that Scott can’t issue more debt. So before I get to how that works, let’s go back to Zelensky. And I’m just using Zelensky, obviously, as a proxy for all of these expenses that are going to come due, assuming that the TGA gets down to zero.

So what he’d have to do is he’d have to actually wait for people to pay their taxes. And then he would go ahead and take that money once it’s in the coffers and give it to Vlad. And then he can go off and pocket it or give it to his buddies or buy bombs or whatever he’s going to do with it.

So this represents how he would have to kind of finagle the situation. Believe it or not, it would be very similar how you have to manage your own pocketbook. So in order to spend money, you actually have to wait and have money coming in and then you can spend it unless you want to run it up on the credit card.

So why is the mainstream narrative they’re trying to push fake news? Here’s how it works. So you’ve got these people over here. They are investors that purchased U.S. treasuries and they’re maturing.

They’re maturing very quickly. So what Scott can do is go out into the treasury market and sell more treasuries. So banks and guys like investor Ian, they’re going to come in and buy these treasuries.

And then Scott is going to take that money and give it to the investors to pay them the principal they’re due. Because remember, these treasuries are maturing. You say, George, but this is issuing more debt.

This is issuing more debt. Not really. Because what happens when the debt matures, these assets, in other words, the treasuries, the U.S. debt goes away.

So now you’re still left with one treasury, the treasury that you had to begin with. In other words, they’re just rolling over the debt. That’s another way to say it.

So they’re issuing debt to pay off the existing debt. Therefore, the total debt does not increase. So to answer the question, if the TGA runs out of money in August, is this going to be an absolute catastrophe? My answer would be no.

Here’s why. We’ve had government shutdowns many times before. And I can’t tell the difference.

Can you? That just tells you how important the federal government actually is. And so we do have some vendors out there like Zelensky. OK, fine.

They got to wait to be paid. Or maybe some of them might not be paid. And I think that’s a good thing.

Now, it might cause some short-term pain, but over the long run, this is what we have to do in order to grow the economy in a healthy way. We’ve got to reduce government spending as a percentage of GDP. Now, what would be catastrophic is if they didn’t pay the treasuries and this would blow the whole entire monetary system.

But we know that that currently is not on the table, even though we have hit the limit on the debt ceiling. So my view is very similar to Thomas Massey. The debt ceiling is called a debt ceiling for a reason.

And that’s to constrain government spending. So I say make the debt ceiling great again. And instead of being something to worry about, I think it’s something we should strive for.

So to get your tickets ASAP and to find out who is speaking at this year’s Rebel Capitalist Live, you can check it out at rebelcapitalistlive.com. And just a little quick insider information. If you get your tickets sooner than later, you can get a discount because as we get closer and closer to the event, the tickets go up in price. So don’t wait.

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