The US Debt Crisis, More Treasuries & Election 2024

The government raise 100s of billions of dollars every week in Treasury auctions. Where is all that money going & where will the US debt crisis take us? And how can we fix our budget deficit?

#jenniferlammer #bondbeginners #bondmasters
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*Sources & referenced videos can be found in first pinned comment
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[DiamondNestEgg]

💎Bond Beginners (our foundational-level bond course):

💎Bond Masters (our intermediate-level bond course):




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SOURCES:



Here is the overview for Bond Beginners:

1. Bond Basics

What A Bond Is & How A Bond Works
Why Invest In Bonds
New Issue vs Secondary Market Bonds
Interest Rates & Bond Prices
Current Yield & Yield To Maturity
Always Remember This!
Buying At Par, Above Par & Below Par
Different Types Of Bonds
Wrap-Up

2. The Risks Of Bond Investing

Seven Key Bond Risks
Credit Risk
Interest Rate Risk
Reinvestment Risk/Call Risk
Inflation Risk
Liquidity Risk
Currency Risk & Country Risk
Bond Risk Mitigation Strategies
Wrap-Up

3. US Treasuries Overview

What Are US Treasuries
Why Invest In Treasuries
Where Can You Buy Treasuries
How Are Treasuries Taxed
Wrap-Up

4. Treasury Bills

What Are Treasury Bills (T-Bills)
When Do T-Bill Auctions Happen
Where Should You Buy At Auction
Auto-Roll When Buying At Auction
Where To Find Recent Auction Results
High Rate vs Investment Rate
Reopening Auctions
Cash Management Bills (CMBs)
Buying & Selling On Secondary Market
Wrap-Up

5. Treasury Notes & Bonds

What Are Treasury Notes & Bonds
When Do Auctions Happen
Buying Treasury Notes & Bonds
Auction High Yield vs Interest Rate
Floating Rate Notes (FRNs)
Treasury Zeros (STRIPS)
Wrap-Up

6. TIPS (Inflation-Protected)

What Are TIPS
When Do TIPS Auctions Happen
Nominal vs Real Yields
Negative Yields
How Do You Adjust TIPS For Inflation
Taxes On Phantom Income
Secondary Market Liquidity
Wrap-Up

7. I-Bonds (Inflation-Protected)

What Are I-Bonds
How Does I-Bond Interest Work
I-Bonds vs TIPS
The Annual I-Bond Limit
Wrap-Up

8. Agency Bonds

The Universe Of Bonds
What Are Agency Bonds
How Are Agency Bonds Taxed
Treasuries vs Agencies
Who Might Want To Consider Agencies
Yield-To-Call & Yield-To-Worst
Where Can You Buy Agency Bonds
Wrap-Up

9. Municipal Bonds

Our Bond Universe Gets More Complex
What Are Municipal Bonds
How Safe Are Munis
How Are Munis Taxed
The De Minimis Rule
Social Security & Medicare Premiums
Treasuries, Agencies & Munis
Who Might Want To Consider Munis
Wrap-Up

10. Corporate Bonds

Our Bond Universe Is Complete
What Are Corporate Bonds
How Safe Are Corporates
Corporate Bond Hierarchies
Five Key Features Of Corporate Bonds
How Are Corporates Taxed
Treasuries vs Corporates, Etc.
Who Might Want To Buy Corporates
Wrap-Up



Here is the overview for Bond Masters:

1. Stocks vs Bonds

Historical Performance
Are Bonds Really Less Volatile
Why Invest In Bonds
Accumulation vs Decumulation
Allocation of Stocks vs Bonds
Wrap-Up

2. Which Bonds Might Be Right For You

Treasuries & Other Types of Bonds
Nominal vs Real Yields
Inflation vs Non-Inflation-Protected
Taxable vs Tax-Advantaged Accounts
Wrap-Up

3. Bond Ladders & Other Bond Strategies

Normal vs Inverted Yield Curve
What Is A Bond Ladder
5 Important Bond Laddering Questions
Laddering When Rates Are Rising
Laddering When Rates Are Falling
Laddering When Rates Are Uncertain
What Is A Bullet
What Is A Barbell
Wrap-Up

4. Holding to Maturity vs Selling Early

Why Hold to Maturity
When To Sell Early Before Maturity
Tax Implications Of Selling Early
Wrap-Up

5. Individual Bonds, Bond Funds, Etc.

Why Buy Individual Bonds
Why Buy Bond Funds
Bond Fund Considerations
Key Bond Fund Concepts
CDs vs Treasuries
Other High-Yield Investments
Wrap-Up

6. Our B.E.S.T. Model Portfolios By Age

Our B.E.S.T Model Portfolios By Age
Model Portfolios In The Industry
B.E.S.T Model Portfolio Difference
How Much Do You Need To Retire?
How I Use The Rules of 100, 110, & 120
B.E.S.T Model Portfolios (20s)
B.E.S.T Model Portfolios (30s & 40s)
B.E.S.T Model Portfolios (50s & 60s)
B.E.S.T Model Portfolios (70s+)
Wrap-Up

7. The Decumulation Phase

What Is The Decumulation Phase?
Bear Markets & Recessions
What Can You Do In Bad/Bear Markets
Decumulation Tax Considerations
The 4% Rule
The Bucket Strategy
The Flooring Approach
Jen’s Bucket Strategy With A Twist
Wrap-Up



Thanks for visiting our personal finance channel! We hope this content will help fast-track your financial journey! Everyone's financial journey is different. Please note that:

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[lpc]

Former Federal employee here (retired) - you should not be surprised when I tell you there is so much bloat in the Federal Government you could cut budgets in every department by 15-30% next year, then not increase them by one dime for 5 years, and the taxpayers would not even notice any difference on their end.

[BruceLR]

Very informative tutorial, given by a very smart woman. A complicated subject clearly explained.

[RSI_]

"To make a long story short so we don't have to add another 15 minutes to this video" LOL!
Great show today and great explanation of a really complex problem. Somehow you made it understandable and outlined the tough choices that need to be made if we are to tackle this problem.
I would choose a mix that is heavy on spending cuts and light on raising taxes.

[autopeep]

Working in the medical field for 35 years I can tell you that if people took on more personal responsibility and took care of their health it would be a lot less expensive for Medicare and Medicaid.
I'm 68 and take no medicines.
Doing my part!

[PeaceGuyForEarth]

The fact that the Pentagon gets close to $900 billion a year and has yet to pass an audit is simply ridiculous.

[CageyLeigh]

The problem with continually raising taxes to fix budget deficits is the same, whether it’s local, state or federal. All you are doing is telling our leaders that they don’t have to live within our means, well just give you more money. Our leaders need to learn that the whole reason to have a budget is to decide how to live within our means. American families do this every day. We don’t just assume that we’ll get an increase in our finances. We learn to spend what we need to get by without constantly increasing our debt. If you can’t live within what you got, decrease your spending.

[rwg]

I worked in government funded research in the physical sciences at a major university. I remember the Clinton years, every year our program manager in Washington was “tell us how you’re going to cut 10%”. It was painful, it usually meant hiring fewer grad students. But the federal budget was balanced, we got to do cutting edge research to benefit the public. It can be done.

[tibet_snowman]

A balanced approach of tax increases and spending cuts makes sense. I don't think that tax increases should be across the board but instead should emphasize tax increases on higher income brackets, especially the ultra-high-income bracket. It seems that the wealth distribution in the US has gotten worse over the last 70 years owing to reduced tax burdens on high earners and investors and reduced estate taxes. Our current taxation system does not properly address taxing the 0.1% ultra wealthy.

[hudooguru]

Love it Jennifer. This channel is great. Thank you.

[ScottScott-bh]

I worked on a small ranch when I was younger. I learned that the pigs would literally eat as much as you fed them. Feed them more, they just eat more. Raising taxes is never the solution to creating a balanced budget. Ever.

[rydertruck]

I subscribed a few months ago. Excellent presentations and information. Thank you!

[jimwolfe]

Thank you, Jennifer for another Terrific Video Downsize the Gov't !....Some Agencies could be eliminated all the late 1800's to early 1900's, Gov't Spending was only 2 to 3 % of GDP....Today it's about 60 % of GDP !! Our Gov't is inefficient and wasteful !!... America will do GREAT without Gov't. Interference !!!....

[deprowgnof]

Thanks for mentioning that the last time we had a balanced budget was during the Clinton administration. If we simply returned to those tax rates, we would increase revenue by about $850 billion and cut the deficit by half! Yes, those tax rates are higher than they are now, but they didn't put a crimp in the economy since we had strong economic growth during the late 90's.

[hfislwpa]

Great video and analysis, as usual. High quality content, bravo!

[florianewu]

A combination of both. Trim spending slowly and raise taxes slowly. Fiscal “responsibility”.

[jayray]

Great video. Explains a large problem in simple terms. One of the first areas to cut costs look at is “leakage” ie. pilferage and waste. Since Healthcare expenses is the largest pot, this area should be looked at with a microscope to reduce pilferage and waste.

[jeffreym]

Great video. Thanks for articulating the problem.

[PankajPatel-kzhj]

Interesting take on protection tariffs and inflation

[mikebiase]

I refuse to pay for any down payments of other people's homes & no more paying for their B.S. education