Interest on National Debt soars past $1 Trillion. Now the largest item in U.S. budget. | Eastern NC Now
National Debt out of control
Watch the National Debt Clock for 10 seconds.
Estimated annualized interest payments on the US government debt pile climbed past $1 trillion at the end of last month, Bloomberg analysis shows. That projected amount has doubled in the past 19 months from the equivalent figure forecast around the time.
https://finance.yahoo.com/news/us-debt-bill-rockets-past-065031377.html
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