Users: Tim Knight: annualized interest payments_1.jpg (1050×602)

annualized interest payments_1.jpg (1050×602)

The annual payment on US Federal debt is about to hit $1 trillion, surpassing how much the US pays every year on defense!

Image added from cms.zerohedge.com/s3/files...itok=Iaqt43OI

annualized interest payments_1.jpg (1050×602)

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Richard Cranium

Fortunately, tax receipts are falling, too.

WHITE HOUSE: 2023 RECEIPTS TO FALL $215 BLN FROM MARCH FORECAST DUE TO TECHNICAL REVISIONS FROM TAXPAYER REPORTING DATA. 7/28/23

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Debt

Posted

By: Tim Knight
On: 7/25/23 3:54PM

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