US Going Bankrupt? - National Debt Interest Bill Rockets Past A $1 Trillion A Year
(Bloomberg) -- Estimated annualized interest payments on the US government debt pile climbed past $1 trillion at the end of last month, Bloomberg analysis shows. That amount has doubled in the past 19 months, and is equivalent to 15.9% of the entire Federal budget for fiscal year 2022. The figures are calculated using US Treasury data which state the government’s monthly outstanding...
0 Comments 0 Shares 8897 Views