A viral claim that the US Treasury declared the federal government insolvent was debunked by FactCheck.org which confirmed the government’s liabilities exceed assets but this has been the case for decades.
Tag: Declared
Viral Claim That US Government Declared Insolvency After Treasury Report Is False
Fact-checkers confirmed that a viral Facebook post claiming the US Treasury declared government insolvency is false and misrepresents a routine accounting report.