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To: Sacajaweau
Whoops...wrong sheet. The National debt is $28 trillion. Biden wants to add $6 trillion more.

No, right sheet. The US isn't going to sell $6 trillion in new bonds, so the Feds will end up putting the debt on their books.

6 posted on 07/01/2021 5:18:02 AM PDT by Yo-Yo (is the /sarc tag really necessary?)
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To: Yo-Yo
so the Feds will end up putting the debt on their books.

The FED places all federal spending on the books. Always.

Based on the Grace Commission, IRS 1040 taxes goes to paying an ever greater debt, owed to the owners of the private FED - a handful of Bankster families, about 200 FED shareholders and a smaller amount to pay (off) IRS employees to not blab about the scam.

10 posted on 07/01/2021 5:30:05 AM PDT by C210N (You can trust government or you can understand history. But you CANNOT do both)
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To: Yo-Yo
No, right sheet. The US isn't going to sell $6 trillion in new bonds, so the Feds will end up putting the debt on their books.

Not all of it. Most would be sold to investors in the U.S. and overseas.

12 posted on 07/01/2021 5:34:05 AM PDT by DoodleDawg
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