- Joined
- Mar 3, 2021
That’s more than the entire economies of Japan, Germany, and India combined. One-third of America’s $40 trillion national debt has been poured into this tax-exempt empire. You are paying $1.2 trillion a year in interest just to keep the machine running. Nancy Pelosi and Mitch McConnell oversaw the bulk of the $30 trillion buildup. Democrats added another trillion on illegal immigration in six years. This isn’t charity. It’s the largest slush fund on the planet — funded by you, your kids, and their kids.
- Federal Reserve data confirms U.S. nonprofits held about $14.1 trillion in total assets in Q1 2026, including real estate, endowments, and investments, exceeding combined 2025 GDP estimates for Japan, Germany, and India.
- The post argues one-third of the $40 trillion U.S. national debt relates to this tax-exempt sector, with annual interest costs at $1.2 trillion, and blames bipartisan leaders like Pelosi and McConnell for $30 trillion in debt buildup plus recent immigration spending.
- Video shows Carolyn Phippen, a fiscal conservative and former Senate candidate, speaking on U.S. financial constraints, aligning with the account's America First critique of NGOs as a large slush fund.
