Uncle Sam, by any accounting standard, is insolvent

[Stalin]

That's not hyperbole — it's the conclusion drawn directly from the Treasury Department's own consolidated financial statements for fiscal year 2025, released last week to near-total media silence. The numbers: $6.06 trillion in total assets against $47.78 trillion in total liabilities as of September 30, 2025.

So consider this: divide every number by 100 million — drop eight zeros — and federal finances look like a household budget in freefall.

That household earns $52,446 and spends $73,378 — running a $20,932 annual deficit. Its total liabilities and unfunded promises amount to $1,361,788 against just $60,554 in assets, leaving it $1.3 million in the hole. Uncle Sam, by any accounting standard, is insolvent.

Did Treasury declare US 'insolvent'? Here's the bottom line

Treasury reports have warned the country's fiscal trajectory is unsustainable — but they have not said the U.S. can't pay its debts.

www.snopes.com

comrade stalin
moscow