U.S. Treasury has borrowed $155 billion every month of this fiscal
year—and is now paying $24 billion a week in interest on its debts
fortune
1 month ago
35 views
Interest payments on the debt are now so large that the spending is higher than the outlays for the Departments of Defense, Commerce, Homeland Security, Education, the Environmental Protection Agency, the Small Business Administration, and the U.S. Coronavirus Refundable Credits scheme—combined.
Continue Reading
Sign up for FREE to read the full article and access 150K+ alternative investment headlines.