It's a business thing. Net Worth = Assets Liabilities (from here)
Sure, the idiot press talks about "paying for tax-cuts" etc., but spending involves using up assets, not liabilities or net worth (with or without the "")..
fwiw, a big chunk of assets are stuff like cash on hand and funds owed to the government. Some people like to think they're Scrooge McDuck trying to fill a money bin, but they're idiots. Before I want the government to make me pay taxes, it first has to spend it's cash on hand before I give it any more. Doing this won't make the US go bankrupt; not even "bankrupt".
"Before I want the government to make me pay taxes, it first has to spend it's cash on hand before I give it any more."
Sorry, too, to tell you that that's not the way things work. You'll cough up tax when he government sends "the man" out for it whether you think you want to or not. that's the way those sovereigns operate - maybe not in Panama, but here in the US.