Scott Bessent was able to find the approximately 80 billion dollars a month in Novekber to service the government s gigantic debt but not the 8 billion a month to fund the SNAP food benefits during the shut down.
Trump, Bessent cannot suspend food aid used by about 42 million low-income Americans during the US government shutdown, two federal judges have ruled.
Yet, Bessent claims it will be very diffuclt for him to find the 8 billion in funding for Americans to eat.
However, a sum about ten times as large, the interest payments on America s debt, will continue being paid to private investors during the shut down.
This is allegedly to avoid a default.
The US can switch to a state central bank with a single piece of law and start funding the government and SNAP without borrowing money from the private Fed.
Trump and Bessent can print the 8 billion to fund the SNAP payments out of thin air immediately since they control the private Fed and Treasury. And all this without creating more interest or debt!
To clarify, Trump and Bessent and the Epstein circle are deliberately starving tens of millions of America by wuthholding SNAP benefits they have been ordered to pay by Monday, today while filling the pockets of Wall St bankers with tens of billions of dollars in interest for the use of de facto illegally privatized money.
Scott Bessent went on holiday with Epstein s close friend, Peter Mandelson, and must be considered a prime suspect to be in the Epstein files.
From media
Net interest expenses totaled $79 billion on the month and are now at $160 billion for the fiscal year, outpacing all other outlays except Social Security, Medicare, defense and health care.
The Treasury Department expects to pay $1.2 trillion this year in total interest on debt.
https://www.cnbc.com/2024/12/11/budget-deficit-swells-in-november-pushing-fiscal-2025-shortfall-64percent-higher-than-a-year-ago.html
The Trump administration cannot suspend food aid used by about 42 million low-income Americans during the US government shutdown, two federal judges have ruled.
The rulings said the government must pay for the Supplemental Nutrition Assistance Program (Snap) benefits, also known as food stamps, using emergency funds.
US President Donald Trump said he had instructed government lawyers to ask the courts how the administration could legally fund Snap, adding: "Even if we get immediate guidance, it will unfortunately be delayed."
While individual US states administer the benefits, the programme uses money from the federal government, which has been unfunded and shut down since 1 October.
The Trump administration cannot suspend food aid used by about 42 million low-income Americans during the US government shutdown, two federal judges have ruled.
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