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2023-07-17 18:51:16

Icare4America on Nostr: So roughly 1.5 Trillion a year. Interest on the national debt in June 2023 was $122 ...

So roughly 1.5 Trillion a year.

Interest on the national debt in June 2023 was
$122 billion

Total spending in June was $646 billion.

So about 18% of all spending is now just to pay interest on the debt. 😲

https://twitter.com/WallStreetSilv/status/1679565697590886402?s=20
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npub1uj9enuvsajn7ynnv42q0svz9h244j7cgvwu55l4aq5sw5wurgv5qrmlpug