Straight Line of the Day: If Your Interest Payments Top One Trillion Dollars …

US Debt Interest Bill Rockets Past a Cool $1 Trillion a Year
Yahoo Finance | 11/7/2023

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.

9 Comments

  1. Well, if we decide once again to blame usury, let’s at least all agree to write in stone that if it fails this time that we’re never going to try it again.

    That is of course, assuming people are still able to read once it’s all over.

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