You hear about the egregiousness of the debts owed by the federal government of our United States of America … but you don’t really know.
We shall start with this tweet from Wall Street Silver (solid follow btw): Just look at that. Just take it in. US paid $853 Billion in Interest for $31 Trillion Debt in 2022; More than Defense Budget in 2023.
If the Fed keeps rates at at these levels (or higher) we will be at $1.2 trillion to $1.5 trillion in interest paid on the debt.The US govt collects about $4.9 trillion in taxes. We paid $853 […]
Article Source: notthebee.com
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