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we know have 35 trillion in debt
Posted on: November 12, 2024 at 11:02:54 CT
meatiger MU
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https://fiscaldata.treasury.gov/americas-finance-guide/national-debt/#:~:text=How%20much%20the%20government%20pays,over%20the%20past%20ten%20years.
https://www.statista.com/statistics/1382455/monthly-interest-rate-us-debt/#:~:text=U.S.%20monthly%20interest%20rate%20on%20interest%2Dbearing%20debt%202019%2D2024&text=As%20of%20August%202024%2C%20the,at%20the%20beginning%20of%202022.
https://www.pgpf.org/budget-basics/what-are-interest-costs-on-the-national-debt
In 2023, the government owed $658 billion in just interest, and between more debt and higher interest rates, that will likely be over a trillion annualized now.
There needs to be a MASSIVE change in spending. Government needs to do FAR LESS, both economically and fundamentally.
https://www.statista.com/statistics/1382455/monthly-interest-rate-us-debt/#:~:text=U.S.%20monthly%20interest%20rate%20on%20interest%2Dbearing%20debt%202019%2D2024&text=As%20of%20August%202024%2C%20the,at%20the%20beginning%20of%202022.
https://www.pgpf.org/budget-basics/what-are-interest-costs-on-the-national-debt
In 2023, the government owed $658 billion in just interest, and between more debt and higher interest rates, that will likely be over a trillion annualized now.
There needs to be a MASSIVE change in spending. Government needs to do FAR LESS, both economically and fundamentally.
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we know have 35 trillion in debt - meatiger MU - 11/12 11:02:54