507 private links
Hegseth is potentially a transformational SecDef. Recruiting is on the upswing because the nation can sense the change of purpose in DOD. Pride of the military, not the gay variety, is returning to the Armed Forces. Hegseth is not beholden to any corporate interest and is making changes for the benefit of the nation. That makes him a very dangerous man to the failing status quo.
President Joe Biden brought at least 8 million illegal immigrants into the United States through an assortment of semi-legal programs.
Now, President Donald Trump is seeking to do the will of the American people by deporting them, but the Democrats’ tooth-and-nail legal fight against him shows that keeping them in the country forever was always their plan. //
If the full array of amnesty hearings and appeals were to be given to all the millions of illegal immigrants Biden ushered in, it would take not decades but centuries to clear the backlog of cases.
Biden’s aides knew this when they opened the floodgates, and they knew it when they brought suit against Texas for securing its part of the US-Mexico border.
They knew this when they abolished “Remain in Mexico” and told millions of people to simply hang out until their court dates came up — or until the administration did away with their court dates altogether, leaving them as de facto permanent residents.
Polling shows that mass deportation is what the voters want. They propelled Trump into office to fulfill this promise, just as they did in 2016 before the Democrats made the border a mess again. //
The party’s plan is now laid bare: Bring in millions of people, let them work illegally, increase blue-state congressional power, draw on state and federal benefits, and expand government reach — all to prop up the lifestyle of the laptop class.
Meanwhile, keep the American working class hooked on cheap imported goods, fighting with undocumented workers for housing, health care, and jobs.
They’ve said it outright and repeatedly — proof that the “humanitarian concerns” they profess for illegal immigrants are hollow. //
Democrats took advantage of America’s legal system. Republicans must use every tool to right their wrongs.
Back in 2020, James massively stretched consumer protection law to gin up a case surrounding the Trump Organization’s dealing years earlier with Deutsche Bank, alleging that optimistic valuations of Trump properties somehow deceived the bankers into giving Trump overly generous loan terms.
The ensuing investigation and trial made it plain that nobody was harmed — indeed, everyone on the non-Trump side of the table made money.
But that didn’t stop Engoron from issuing a host of dubious rulings, culminating in a finding of guilt and a preposterous $454 million penalty (including interest) in February 2024, a number that continues to grow each day it goes unpaid. //
And when a five-judge panel of the First Department heard the case in September, Justice Peter Moulton put it bluntly: “The immense penalty in this case is troubling,” because “the parties left these transactions happy.”
Justice David Friedman pointed out, “No one lost any money,” and consumer protection statutes don’t normally apply to “really sophisticated players” like one of the world’s largest banks.
It seems pretty obvious that Engoron’s penalties and verdict, indeed the entire case, should be tossed.
We have no independent sources to prove or disprove White House aides’ claims that Hochul told Trump, “I control the judges” in some veiled hint that he needed to back off on upending her “congestion” tolls, but something odd is going on here. //
The court can make some excuse for its delays so far, citing the presidential election, transition and so on, but this stall is now starting to reek.
The Appellate Division needs to do its job and rule; on the merits, it should be a reversal.
Shut down the left-leaning lawfare, and make it plain that in this country, we fight political battles at the ballot box, not in the courts.
Breaking911 @Breaking911
·
NEW: After latest mass shooting, Pres. Trump is asked if he would support any new gun control legislation
"The gun doesn't do the shooting, the people do," Trump said. "I have an obligation to protect the Second Amendment."
5:47 PM · Apr 17, 2025 //
SESummers
13 hours ago
A better answer: "Yes, the gun control laws in this country need to change. 'Gun Free Zones' need to be made illegal, and constitutional carry implemented nationwide. That way, these crazy leftist monsters doing most of these mass shootings will get their birth certificates revoked before they can pull the trigger a second time, long before the cops would get there."
Thousands of complicated legal cases go on every day, and many are resolved in ways that are deeply unsatisfying because complicated legal cases are rarely as cut and dried as they appear on TV. When you get into high-stakes, politically charged cases, they never are perfect.
This one, in an immigration case, should be a slam dunk.
To me, the interesting thing about this case is not how it is resolved--after all, if Garcia somehow is sprung from prison in El Salvador he is still deportable and will just wind up somewhere else. He will never return home as a "Maryland man" because he is an illegal alien who is set to be deported by court order. //
Still, in a world where Nigerian Christians are being massacred by the thousands, hundreds of thousands of Americans are overdosing on fentanyl, children are being raped and murdered by illegal immigrants, and politicians are forcing women and girls to undress in front of men, the entire liberal establishment is in a tizzy over this one ever so barely ambiguous case. //
Why are they fighting so hard on this likely losing issue? Whatever they say, it isn't about what they claim. There are between 20-30 million illegal immigrants in the United States--Joe Biden let in over 10 million through illegal means--and Americans want them gone. Democrats do not. //
Winning Garcia's case is so important because they want to establish that every single deportation case should go to a trial, basically, where the standard is "beyond a reasonable doubt." He appears to be an MS 13 gang member? Prove it in court! He is accused of beating his wife? Well, she never pressed charges!
As if these are the standards for deporting an illegal alien with a deportation order. //
Not only is that not the legal standard, but as a practical matter, they are demanding that once an illegal alien sets foot in the United States, they get what amounts to a trial before they get deported. That is, logistically, impossible. 30 million trials? Not going to happen. It is logistically impossible for it to happen. Nobody wants it to happen, not even Democrats.
What they want is as few deportations as humanly possible, so demanding an impossible standard is about stopping deportations. //
The passion isn't about justice. This case is just another tool to use to get ignorant people riled up against deportations. //
This is about thwarting Trump's policies, not due process or anything else.
Consider that Joe Biden allowed approximately 20 million illegal aliens into our country. This placed extraordinary burdens on our country--our schools, hospitals, housing, and other essential services were overwhelmed. On top of that, many of these illegal aliens committed violent crimes, or facilitated fentanyl and sex trafficking. That is the situation we inherited.
There's a reason they did that, of course, and a lot of it has to do with the census and the apportionment of House districts. Don't think it's about compassion or anything like that; illegal aliens living in a city are counted by the census just as are citizens, which is patently ridiculous, but that's the hand we are dealt - for the moment - and that's why Democrats are so determined to bring these people in and keep them here. No matter who they are.
When the media and the far left obsess over an MS-13 gang member and demand that he be returned to the United States for a third deportation hearing, what they're really saying is they want the vast majority of illegal aliens to stay here permanently. //
Here's a useful test: ask the people weeping over the lack of due process what precisely they propose for dealing with Biden's millions and millions of illegals. And with reasonable resource and administrative judge constraints, does their solution allow us to deport at least a few million people per year?
If the answer is no, they've given their game away. They don't want border security. They don't want us to deport the people who've come into our country illegally. They want to accomplish through fake legal process what they failed to accomplish politically:
The ratification of Biden's illegal migrant invasion. //
Adam Selene / Simon Jester
7 hours ago
Counting non-citizens for representation in the census makes about as much sense as allowing me to claim anybody who spends time in my house on Dec 31 as a dependent on my taxes. //
idalily
7 hours ago
Tweet of the Day (from the thread): "This isn’t about due process—it’s about using bureaucracy as a weapon to erase our borders. The same people who’d audit your grandmother for a $600 Venmo want MS-13 protected like endangered species. Trump was elected to stop this madness, not manage it politely."
AMEN.
Rapid Response 47 @RapidResponse47
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.@PressSec: "It's appalling and sad that Senator @ChrisVanHollen and the Democrats applauding his trip to El Salvador today are incapable of having any shred of common sense or empathy for their own constituents and our citizens. Nobody knows this more than the woman standing to Show more
5:01 PM · Apr 16, 2025.
Rapid Response 47 @RapidResponse47
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Patty Morin — whose daughter, Rachel, was brutally murdered by an illegal immigrant in Maryland:
"To have a senator from Maryland ... fly to El Salvador to bring back someone that's not even an American citizen ... I don't understand this."
5:08 PM · Apr 16, 2025
Just when you thought you knew everything there was to know about the case of Kilmar Abrego Garcia, the illegal alien from El Salvador with ties to MS-13 who was recently returned to his homeland by the Trump administration, even more news surfaces that doesn't paint the "Maryland man" in a very good light.
It turns out that Abrego Garcia had not one, but two, protective orders taken out against him by his wife, Jennifer Vasquez, for domestic violence. This is the same wife who appeared in front of TV cameras Tuesday to dramatically tell the media, "I will not stop fighting until I see my husband alive" -- oh, and please donate to my GoFundMe when you get the chance. //
The Trump White House was quick to note that Van Hollen had tweeted at least 10 times in support of the violent illegal while not once ever mentioning Rachel Morin, the Maryland mom-of-five who was brutally raped and murdered by yet another illegal Salvadoran.
To recap, Chris Van Hollen and the Democrat Party are going all-in on "protecting" the "rights" of illegals, consequences to actual Americans like Rachel Morin be damned.
What do you do most mornings at 2:17 a.m.?
Safe to say, I am almost always sound asleep in deep darkness and brisk mountain air.
But nights are quite a bit different for the current commander in chief and leader of the free world. //
Four to five hours of sleep a night is said to be the norm for the 78-year-old Trump. And his doctor says Trump handles such little sleep quite well.
This is ridiculous.
The non-stop No. 47 president has now been caught doing game-film study in the wee hours of the morning. He was watching reruns of the day's political events on C-SPAN. In the middle of the night. It's true.
The world discovered this by accident.
During last week's Cabinet meeting in the White House, Trump was overheard telling U.S. Trade Representative Jamieson Greer that he had watched his testimony to Congress. And that he had come across it two nights in a row.
Well, actually, two very early mornings in a row.
"You were on every night, at 3 o’clock in the morning!” the president said, sounding impressed. //
For a very long time, almost from its beginning 46 years ago last month, I have regarded nonprofit C-SPAN as a national treasure, especially since I am an admitted political junkie. And someone who was often writing for work about events that the network carried without advertising or pontificating.
It's as if the network thinks that, given access to events and facts free of shading, Americans can think for themselves. //
C-SPAN's video archives and transcripts now contain almost 300,000 hours of its event coverage from today, yesterday, last weekend, and all the way back comprehensively to 1987.
The archives are even searchable.
President Donald J. Trump signed a Presidential Memorandum aimed at stopping illegal aliens and other ineligible people from obtaining Social Security Act benefits.
Let's review the bidding. Biden creates a facially illegal and purely discretionary program. He brings in a half-million Third World illegals who are, according to the definition of the program, "inadmissible or otherwise ineligible for admission." President Trump, supported by the secretary of homeland security, orders an end to the program and jumps through the administrative hoops of using a Federal Register announcement to reverse Biden's purely discretionary program and a Deep State, or Deep State-adjacent federal judge says he can't and requires an individual interview to end the paroles, which is not required by law, when they never received the legally require individual parole.
This is not new. Barack Obama created the Deferred Action on Childhood Arrivals program (DACA or Dreamers) out of whole cloth. It is simply a scheme whereby the federal government covers its eyes and pretends these people don't exist. This program was not created by executive order, law, or administrative rulemaking. Nope. Secretary of Homeland Security Janet Napolitano issued a freakin memo directing that "prosecutorial discretion" be exercised. However, when Jeff Sessions got around to pulling the plug on DACA, lawfare ensued, and the administration was told it could not rescind the Napolitano memo.
Just stop for a moment and consider this. Federal courts literally told the Trump administration that they could not rescind a memo written five years and three Homeland Security secretaries earlier. Logically, this means a cabinet secretary’s memo is more powerful than an actual law because it takes no consensus to issue it, and it can’t be withdrawn when management changes. To make matters worse, the Roberts Court, in a 5-4 decision, upheld the logically ridiculous notion that the whim of a Democrat president has the same standing, in terms of permanence, as the Constitution.
We clearly have a two-tiered justice system. Not only do BLM rioters get a pass while pro-life grannies go to jail for demonstrating peacefully outside an abortion center, the president himself has his decision treated with derision by the federal courts while all manner of Democrat humbug receives the adulation of our black-robed overseers. //
houdini1984
3 hours ago
The Supreme Court has become the problem. By refusing to keep the judicial branch in its own lane, the Roberts Court has greenlit a nationwide judicial coup against our elected representatives, including the President. The Founders never intended to create a nation that was subject to judicial tyranny of this kind.
The only solution is for the elected branches to push back decisively, soundly rejecting all judicial decisions that interfere with or run contrary to constitutionally-established congressional and presidential powers. Unfortunately, Democrats will block and congressional attempts to rein in these rogue judges, which means that it's up to executive to restore our constitutional order.
The President has taken an oath to defend the Constitution of the United States. If that requires him to defend it against one of the other branches, so be it.
Dieter Schultz houdini1984
3 hours ago
The Supreme Court has become the problem. By refusing to keep the judicial branch in its own lane, the Roberts Court has greenlit a nationwide judicial coup against our elected representatives, including the President.
Oh, if it were only that simple.
IMHO, it is not just the SC that is the problem, all of the branches of the federal government are confused and conflicted. Congress sets up independent departments and functions in the executive branch and puts language in the law prohibiting the President from removing them. Then, the executive branch makes rules, and binding rulings, that look, and are, a lot like lawmaking and the judiciary, respectively.
Today the most pressing problem is the judiciary and it being out of control but the problem is bigger than that and requires something more than just the SC doing its job.
Although, right now I'd settle for the SCOTUS actually doing its job.
houdini1984 Dieter Schultz
2 hours ago
Admittedly, our entire constitutional order is out of whack, but we have to start somewhere if we want to get things back on track. The problem is that too many on the right are sitting around waiting and hoping for SCOTUS to do the right thing. That's not going to happen with Roberts at the helm, since he's more concerned with protecting the Court than safeguarding the country.
Meanwhile, Congress is completely broken. They can't even do their job and complete a budget. Every year, they wait until the last minute and push some stupid continuing resolution at us while threatening a shutdown. The Dems have been waging war against normalcy for decades, and the Republicans are too disunited to mount any effective opposition.
Sadly, it's up to the Executive to stand against this nonsense and try to restore sense and order to the nation. The only good news here is that this administration seems to understand that the administrative state needs to be rolled back, so maybe that will mute some of your concerns about executive rulings, rules, and pseudo-lawmaking.
Hope is a terrible strategy, but it appears to be all we have at this point. //
houdini1984 Scholar
30 minutes ago
Just so. If I were Trump, I would assemble some of my most plain-spoken cabinet members and organize an instructional speech to the nation. We would explain, in simple words, exactly how our government has become so off-track, and the steps needed to put things back in order. Explain how this current dysfunction directly affects their lives, and the benefits they'll enjoy from a restoration of constitutional governance.
Oh, and make a point to talk about the people who support the current misrule, and the corrupt benefits they enjoy from corrupting our constitutional system. Then challenge Democrats to join us in fixing these problems -- while making it clear that we won't allow their anti-American revolution to do any further damage to the American people. //
mopani houdini1984
9 minutes ago edited
What it is going to take is years of push back and work by the executive branch, including making regular updates to the people.
There is no easy solution, and any quick fix will be quickly broken.
Buckle up, any victory worth having is worth fighting for.
I thank God we have a chief executive who understands this and is willing to wage the war. But he has got to take it to the people when frequent special addresses and pressure Congress to make his executive orders into law.
I hate to do it, Bill, but I’ve got to correct you on every single thing that you said 'cause it was all wrong. First, we won the Supreme Court case clearly, 9-0. A district court judge said, unconscionably, that the president and his administration have to go into El Salvador and extradite one of their citizens, an El Salvadorian citizen - so that would be kidnapping - that we have to kidnap an El Salvadorian citizen against the will of his government and fly him back to America, which would be an unimaginable act and an invasion of El Salvador's sovereignty. So we appealed to the Supreme Court, and it said - clearly, no district court can compel the president to exercise his Article II foreign powers … In 2019, he was ordered deported. He has a final removal order from the United States. These are things that no one disputes. Where is he from? El Salvador. Where is he a resident and citizen of? El Salvador. Is he here illegally? Yes. Does he have a deportation order? Yes. A DOJ lawyer who has since been relieved of duty, a saboteur, a Democrat, put into a filing incorrectly that this was a mistaken removal. It was not. This was the right person sent to the right place.
A video shared by a White House staffer captures press secretary Karoline Leavitt praying to Jesus for guidance before she heads out to another press briefing to take on the reporters in the room.
Leavitt has often cited her Catholic education for instilling discipline and making her the confident woman she is today.
“Lord Jesus, please give us the strength, the knowledge, the ability to articulate our words, have fun and be confident. In Jesus’s name. Amen," she says while waiting behind the entrance to the briefing room.
https://x.com/MargoMartin47/status/1910753975537643780
Leavitt, the youngest White House Press Secretary in U.S. history, has said she prays daily and cites her Roman Catholic upbringing in shaping her beliefs.
During a Catholic Current podcast in 2021, she emphasized that point.
“My upbringing is absolutely everything to me. It is why I’m a conservative, it’s why I believe in the American dream,” Leavitt explained.
“It taught me discipline, it brought me closer in my own relationship with God, and it also taught me the importance of public service and giving back to your community.”
what is particularly revealing is how some parts of the Department of Justice see themselves as an independent branch of government.
Traditionally, all of the lawyers in the office except two — the solicitor general and the principal deputy — are nonpartisan career employees who span administrations, rather than political appointees. When the office takes legal positions, it has historically taken a long view about what is best for the U.S. government.
The hubris in this statement is simply breathtaking. No one in the federal bureaucracy has the remit of taking "a long view about what is best for the U.S. government." That is a political, not a professional judgment. It implies that unelected bureaucrats are supposed to act as a brake, or even an anchor or land mine, to keep an administration from going in a direction it doesn't like. That is wrong, and it is the essence of the Third World style Deep State that President Trump railed against during his first term. //
Those people said the exodus raises questions about whether the department will be able to recruit attorneys from top law schools with clerkship experience and diverse backgrounds at a time when the administration is rapidly filing emergency requests at the high court.
Again, this is an example of the Deep State inadvertently revealing itself. If the Department of Justice values those things and thinks it will not be able to find them if it loyally serves the president, it is making a strong case that its offices are both partisan and elitist. //
Fortunately, the Trump administration is rising to the challenge of finding lawyers who are willing to work to further the Trump agenda.
The Justice Department is building a roster of lawyers willing to defend in court the most controversial parts of President Donald Trump’s agenda, firing career attorneys whom leaders view as standing in their way and hiring dozens of political appointees to carry out the president’s agenda.
The new hires are already appearing on behalf of the government to defend Trump’s efforts to remake immigration policy and the federal workforce and to expand the powers of the presidency. They sometimes sit in front of judges alone, without the cadre of veteran attorneys who typically show up for big cases.
Some have prestigious conservative credentials, clerking for Supreme Court justices and top federal judges, according to a review of the new hires’ professional bios posted on LinkedIn. Others are fresh out of law school, taking on influential positions. Many honed their legal skills working for conservative state attorneys general during the Biden administration. //
Battles like these are happening across the federal government: in the Department of Health and Human Services, at the Environmental Protection Agency, and even in the Armed Forces; see Top US Commander in Greenland Disavows Trump's Position to US and Danish Troops (Updated). The idea that only long-serving, ideologically driven elite law school graduates can adequately represent the United States in court is ridiculous, and you need only look at past performance for the proof. //
GBenton 2 hours ago
Unhappy with the limits our republic as founded placed on the left's demonic lust for power, they spent the last 100 years growing the administrative state outside the bounds and through lawfare and dumbing down the voters with public education, they tried to subjugate and enslave us from within without firing a shot.
Appeals to the norms are simply an attempt to get us to accept our serfdom and not ask of district judges can usurp Article II powers or of the IA can run color revolutions and even delete presidents like JFK or railroad them out like Nixon amd Trump.
its all smoke and mirrors. This extra constitutional adventure needs to come to an end or we lose the country.
McCarthy was right. The commies are burrowed in everywhere, playing the long game.
Time to tear out what they corrupted over the last century and reform education so they can't easily rebuild it.
“104 percent tariffs in China are not enough. I’m advocating 400 percent,” he said.
“I do business in China. They don’t play by the rules,” continued O’Leary, who is also the chairman of O’Shares Investment and private-equity firm O’Leary Ventures. “They’ve been in the World Trade Organization for decades. They have never abided by any of the rules they agreed to when they came in for decades. They cheat, they steal, they steal [intellectual property]. I can’t litigate in their courts. They take product technology, they steal it, they manufacture it and sell it back here,” he said.
O'Leary explained this wasn't about tariffs anymore but about how no one has taken on China for decades while they behaved badly — no one, until Trump.
"As someone who actually does business there, I've had enough," O'Leary said, saying he spoke for "millions of Americans." He said finally, with Trump there was an administration who was saying "enough."
O'Leary said we had all the cards and Xi Jinping, the Chinese leader should be on a plane here to work it out because "Xi can only stay the Supreme Leader if people are employed." He didn't hold back, "It's time to squeeze Chinese heads into the wall."
China may end up getting there themselves. The latest from China is that they are going to raise their 34 percent tariffs to 84 percent on Thursday. But at the same time, they were calling for "dialogue" with the U.S.
Charlie Kirk
@charliekirk11
In his interview with Treasury Secretary Scott Bessent, THIS FACT made Tucker Carlson pause and say, "That's the message right there. Just as a bystander I'm like, wow, okay."
This is what Sec. Bessent described to Tucker:
"The good news is we have President Trump's previous term ...working class Americans and hourly workers did better than supervisory workers. The bottom 50% of households, their net worth increased faster than the top 10% of households.
And look, I'm not happy with what's going on in the market today, but the distribution of equities across households, the top 10% of Americans own 88% of equities, 88% of the stock market.
The next 40% owns 12% of the stock market. The bottom 50 has debt. They have credit card bills. They rent their homes, they have auto loans and we've got to give them some relief."
5:41 PM · Apr 6, 2025
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739.2K
Views
“This whole concept is about rebuilding an American economy around American goods, around American industry," she said. "We do already live under a tariff regime in this country, but it’s the tariff regime of China, of Mexico, of Brazil, of Australia, of countries that — Mexico won’t take our corn, Australia won’t take our beef.”
Tapper ran defense for these other countries by suggesting the European Union wouldn't take American beef and pork due to hormones used in the products. Which he presented as a final word before pivoting to another question. Rollins wasn't letting it slide.
“Wait! Hold on, Jake! No, no, no!” she said. “Here’s the bottom line: They are using fake science and unsubstantiated claims to not take our products.”
“So it isn’t just that they have high tariffs - thank you for making this point for me - I meant to make it."
"It’s the way they’ve treated our products,” Rollins added. “‘Oh, sorry, we can’t take your beef since 2002 because you use a certain type of feed.' That’s absolute bull. Our farmers and ranchers produce the safest, most secure, and best food in the world!”
Red in Illinois
2 hours ago edited
Trump is using tariffs (admission price) to the largest consumer market as leverage against other countries to lower their trade barriers. Those trade barriers could be tariffs, import quotas, currency manipulation, regulations etc.
All the “free traders” that are panicking right now apparently haven't been paying attention to Trump for the last 8yrs. This is quintessential “Art of the Deal” maneuvering.
Scare the 💩 out of countries that restrict our imports to the point they cry uncle and lower/eliminate their barriers to our exports. Cut deals that result in something closer to free trade. Where comparative advantage actually guides trade.
Apparently, its already working with several countries as they are preparing to send trade delegations to the WH. //
Outerlimitsfan
2 hours ago edited
Well complete free trade between Europe and United States that Elon desires certainly wasn't going to occur by continuing the same policy of the last several decades.
Europe was quite enjoying the status quo of using some protectionism while we also paid a huge amount for NATO and gave away foreign aid to numerous countries.
Big reason why many European countries had the cash to spend on socialist domestic welfare programs was because they didn't need to spend much on military defense. //
Bring Back Bugs Bunny
2 hours ago
Tariff negotiations (Trumps position) are exactly how we reach zero tariffs with EU (Musks position). Trump Musk disagree on tariffs…my bunny tail! //
Chelan Jim
2 hours ago
Musk and Trump are saying the same thing: There should be no tariffs.
Waiting for other countries to voluntarily give up their tariffs on our goods is fairy tale. We have had low tariffs on them for a considerable time and they are not going to budge without some nudging.
Why is Heinz Ketchup Called "Tomato Seasoning" in Israel—and How Trump's Tariffs could end up being great for Israelis.
The victims might be the monopolies, Netanyahu and the public might be the victors. This presents huge opportunities for the savvy. Here’s how: (1/8)
Shipwreckedcrew @shipwreckedcrew
Everyone should read this link and understand the implications.
We have $29 trillion in debt held by the "public."
33% of that debt, or $9 trillion, will mature in the next 12 months. That means we will need to sell new bonds to raise the money to pay off that $9 trillion to the holders of the bonds that will mature.
Five years ago, the AVERAGE interest rate across all of the national debt was 2.32%. That meant the mix of T-Bills (2-12 months) to bonds (up to 30 years) could be averaged out to 2.32%.
Today, because of the borrowing during the Biden Admin post COVID using mostly 3 and 5 year bonds, the average interest rate across all the debt is now 3.35%
That 1.03% increase is actually a nearly 50% increase in borrowing costs across the entirety of the debt.
That's why interest on the national debt this year exceeds the Pentagon budget.
What Pres. Trump is doing by design is to drive down interest rates so that when we have to sell $9 trillion in new bonds over the next 12 months, the interest rates on the new bonds will be less than the interest rates on the bonds sold that were sold by the Biden Admin to fund the nonsense crapola that DOGE has been exposing.
The Hancock @HancockThe1011
·
15h
In short the Biden administration deliberately attempted to bankrupt America to funnel $ to the DC connected class. Arrest them all and throw away the key.
Uğur Demir @lastpresser1
·
5h
I agree with your points — just want to add one thing:
In a normal year, Treasury issuance is roughly 20% short-term and 80% long-term. But in recent years, it's flipped — around 80% is now short-term. That’s why markets have become hypersensitive to quarterly refunding...
MTM 14 @mtm14
·
13h
It is worse than that too…when rates were zero bound under Yellen’s term that bubble head academic did all short term debt instead of issuing more 30 year bonds. Bessent should bring back 20 year issuance and make many of those bonds callable at specific intervals....
cpindc @cpindc
·
18h
I've said this for months. Yellen and President Ron Klain deliberately rolled debt into short term notes.
Anyone who looks at bond market sees the play.