Tucker Carlson says US is 'effectively bankrupt' as debt exceeds total assets

American journalist Tucker Carlson said the United States is effectively bankrupt, arguing that federal debt has surpassed the country's total assets. He described the debt burden as a structural financial crisis rather than a short-term budget issue, noting that the country's liabilities exceed its holdings. In comments reported in Turkish media, Carlson said the debt crisis extends beyond the federal government, noting that American households are also living under heavy debt loads. He said citizens are being continuously encouraged to borrow, which he described as a broader indicator of economic and financial problems in the country. Carlson joined Fox News in 2016 and left the network in 2023, subsequently launching his own broadcast platform where he has continued to release interviews. He is also known for having been part of the close circle of US President Donald Trump's advisers during his time in the role. The interview in which Carlson made the remarks did not specify a policy proposal or response from the White House. No further details were immediately available.