{"id":81752,"date":"2026-03-26T14:47:00","date_gmt":"2026-03-26T18:47:00","guid":{"rendered":"https:\/\/spiritdaily.org\/blog\/?p=81752"},"modified":"2026-03-26T14:47:00","modified_gmt":"2026-03-26T18:47:00","slug":"the-treasury-just-declared-the-u-s-insolvent-the-media-missed-it","status":"publish","type":"post","link":"https:\/\/spiritdaily.org\/blog\/the-treasury-just-declared-the-u-s-insolvent-the-media-missed-it\/","title":{"rendered":"The Treasury Just Declared The U.S. Insolvent. The Media Missed It"},"content":{"rendered":"<p>From <em>Fortune<\/em>:<\/p>\n<p>The U.S. government is insolvent. That\u2019s not hyperbole \u2014 it\u2019s the conclusion drawn directly from the Treasury Department\u2019s 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.<\/p>\n<p>Importantly, the $47.78 trillion in reported liabilities does not include the unfunded obligations of social insurance programs like Social Security and Medicare \u2014 those are disclosed separately in the off-balance-sheet Statement of Social Insurance (SOSI).\u00a0The government\u2019s consolidated balance sheet position, excluding the SOSI, deteriorated by nearly $2.07 trillion between FY 2024 and FY 2025, reaching a staggering negative $41.72 trillion. Total liabilities are now nearly eight times the value of reported assets.<\/p>\n<div class=\"gsp_post_data\" \r\n\t            data-post_type=\"post\" \r\n\t            data-cat=\"news\" \r\n\t            data-modified=\"120\"\r\n\t            data-created=\"1774536420\"\r\n\t            data-title=\"The Treasury Just Declared The U.S. Insolvent. The Media Missed It\" \r\n\t            data-home=\"https:\/\/spiritdaily.org\/blog\"><\/div>","protected":false},"excerpt":{"rendered":"<p>From Fortune: The U.S. government is insolvent. That\u2019s not hyperbole \u2014 it\u2019s the conclusion drawn directly from the Treasury Department\u2019s.<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","footnotes":""},"categories":[32],"tags":[],"class_list":{"0":"post-81752","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-news","7":"entry"},"acf":[],"_links":{"self":[{"href":"https:\/\/spiritdaily.org\/blog\/wp-json\/wp\/v2\/posts\/81752","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/spiritdaily.org\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/spiritdaily.org\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/spiritdaily.org\/blog\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/spiritdaily.org\/blog\/wp-json\/wp\/v2\/comments?post=81752"}],"version-history":[{"count":0,"href":"https:\/\/spiritdaily.org\/blog\/wp-json\/wp\/v2\/posts\/81752\/revisions"}],"wp:attachment":[{"href":"https:\/\/spiritdaily.org\/blog\/wp-json\/wp\/v2\/media?parent=81752"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/spiritdaily.org\/blog\/wp-json\/wp\/v2\/categories?post=81752"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/spiritdaily.org\/blog\/wp-json\/wp\/v2\/tags?post=81752"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}