Interest on the debt at $928 billion now exceeds Defense spending in the USA … and it is still climbing rapidly.
Interest payments on govt debt will rise to $1.1 trillion next year.
This is why Biden, Janet Yellen and Congress will be begging for rate cuts. 0% comeback. pic.twitter.com/0wjKjQ4XQi
— Wall Street Silver (@WallStreetSilv) May 11, 2023
Peachy
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