Can anyone explain exactly how the US budget works?

i think they treat it like having a credit card with a huge limit. they only pay back so much instead of all at once. but it's still a huge risk.

If it were not so sad it would be funny. I have wondered the same thing for years. Even when we had a balanced budget during the Clinton administration, from what I read it was not really balanced. Do we call this creative? What happens if China, Saudia Arabia and others to whom we owe money decide they want their money? We will be in deep do-do. Of course that is one reason why we have taxes, right?

this is my idea the government makes the moneyt at the mints so they r4eally can never run out but what I would like to know why we are borrowing from China when every one owes us

Are you kidding? Not even the US government can explain how the U.S. budget works! The fact is, sadly, it doesn't. As citizens we are not allowed to overspend from our accounts, but we can certainly give lots of money to the government so they can do it, with absolutely no consequenses. They even make election promises to balance the budget, which never happens of course.