Unsustainable Debt: U.S. Government’s Interest Payments To Skyrocket

Debt matters, and there are no “free” lunches when it comes to government spending. But with enough propaganda, it becomes easy to think that government can spend money without any limits. As the U.S. national debt approaches the $31 TRILLION mark, interest rates are rising, and interest payments are the debt going to skyrocket. Financial reckoning draws nearer.

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12:32 pm on September 16, 2022