why is the interest on our marketable and intragovernmental debt never included in the deficit? b/c the fed gets paid first by the irs, as the nyfed is the us treasury's operating fiscal agent, then what is left over from irs tax revenues, the nyfed then deposits into the treasury general account (aka tga). iow, the fucking interest is taken out first from tax revenues by the nyfed and is never even on the deficit chopping block. with a red sweep, we will be able to see the federal reserve uniparty in full view. constant gridlock in congress has concealed the true power of the federal reserve uniparty. dont forget that the right had prior full control for at least a year under trump and passed nothing in regard to the insolvent, private fed franchises that are now bankrupting the us treasury for every last dime they can get (mostly the nyfed). why don't we just issue us notes only for deficit spending? us notes benefit the citizens and do not add to our current debt. they could also be digital, only to be used in the us. why dont musk and trump ever suggest this? this is already fucking legal. us notes circumvent the need to borrow our currency from the federal reserve, that's fucking why. why do all of the proposed solutions to our debt only include the bankrupt federal reserve?
United States