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annualized interest payments_2.jpg (1050×602)

US is set to spend over $1 trillion in interest on government debt for the first time ever.

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annualized interest payments_2.jpg (1050×602)

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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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Posted

By: Tim Knight
On: 7/28/23 12:32PM

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