Isn’t potential 200 percent debt to GDP kind of a bad thing?
I heard there’s almost 80 trillion dollars worth of oil on federal land.
Any way we can pay some of it off with that?
“I heard there’s almost 80 trillion dollars worth of oil on federal land.
Any way we can pay some of it off with that?”
Not with how the current lease system works. What should be happening is the gov pays a company to drill and pump with the gov payong off debt with the profit earned between the drill/pump cost and the current market rate.