The US Faces Rising Debt Costs as Interest on Debt Could Rival Social Security
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#16cb443d ver:0.16
The US is facing rising debt costs as interest on the debt could rival Social Security. The Federal Reserve's rate hikes have led to a surge in interest expenses, resulting in the Fed's biggest ever operating loss. The Fed's monetary policies have driven Treasury yields to rock bottom, allowing politicians to increase public debt without facing the consequences. Interest costs on the national debt have surpassed spending on defense and Medicare, and the debt cost is expected to continue rising. The US government is struggling with the combination of the unending rise in debt and the rollover effect on existing debt, causing the debt cost to increase. #USdebt #FederalReserve #interestcosts #fiscalcrisis...
#newstr #UsFederalReserve #InterestRates #DebtCosts #FederalInterestExpense #NationalDebt #BudgetDeficits #DebtInterest #DefenseSpending #Medicare #UsDebt
https://here.news/story/16cb443d?ver=0.16
The Federal Reserve, Public Debt, and the Impact of Monetary Policies on the US Economy /
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2024-05-29 17:04:39
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2024-05-29 17:04:39Event JSON
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"content": "The US Faces Rising Debt Costs as Interest on Debt Could Rival Social Security\n===============\t\n#16cb443d ver:0.16\n\nThe US is facing rising debt costs as interest on the debt could rival Social Security. The Federal Reserve's rate hikes have led to a surge in interest expenses, resulting in the Fed's biggest ever operating loss. The Fed's monetary policies have driven Treasury yields to rock bottom, allowing politicians to increase public debt without facing the consequences. Interest costs on the national debt have surpassed spending on defense and Medicare, and the debt cost is expected to continue rising. The US government is struggling with the combination of the unending rise in debt and the rollover effect on existing debt, causing the debt cost to increase. #USdebt #FederalReserve #interestcosts #fiscalcrisis...\n\n#newstr #UsFederalReserve #InterestRates #DebtCosts #FederalInterestExpense #NationalDebt #BudgetDeficits #DebtInterest #DefenseSpending #Medicare #UsDebt \n\n https://here.news/story/16cb443d?ver=0.16",
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