Fortune
The Treasury has just declared the United States bankrupt. The media didn't find out.
The U.S. government is insolvent. It's not an exaggeration; it's the conclusion that directly arises from the consolidated financial statements of the Treasury Department for the fiscal year 2025, released last week amid almost total silence from the media. The figures: $6.06 trillion in total assets versus $47.78 trillion in total liabilities as of September 30, 2025.