Source: Ludwig von Mises Institute
by Stephen Anderson
“December 31, 2025, concludes the first twenty-five years of the 21st century. The US government’s future bankruptcy results from poor personnel, policy, and money decisions that have impacted everyday people. Looking back from 2000 to 2025 showed a numbing expansion of federal government and Federal Reserve Bank power, economic intervention, regulation, and waste. Personal and economic freedoms have declined. The United States federal government debt at the end of fiscal year (FY) 2000 was $5.67 trillion. It doubled to $11.91 trillion at the end of FY 2009. This doubled again to $26.95 trillion at the end of FY 2020. It stood at $33.51 trillion at the end of FY 2024 and it approaches $37.6 trillion at the end of FY 2025.” (12/03/25)
https://mises.org/power-market/21st-century-first-25-years-us-government-bankruptcy