U.S. Treasury

Incompetence and cruelty are expensive: Trump’s actions may bankrupt U.S. treasury

By Alexander Schorr

September 18, 2025 (Washington D.C.) -- President Donald Trump could render the US Treasury bankrupt. According to an op-ed by a businsess law educator published in  Newsweek, everything hinges upon whether or not the Supreme Court will side with Trump’s declared tariffs that critics have called illegal — a decision that could force the Treasury to repay half a trillion dollars to the companies that pad the import tariffs, which could set off a crescendo of failures throughout the economy at home and abroad.

Trump's alienation of U.S. allies, his inflationary policies and budget blil that sent the deficit skyrocketing are all further weakening the nation's economic stability.


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