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Interest On National Debt Becoming Uncle Sam’s Biggest Bill – OpEd

6 0
17.04.2024

The U.S. government borrows an average of $10 billion daily, which means the national debt increases by $1 trillion every 100 days. It is no secret that paying interest on the national debt has become the fastest-growing category of government spending during President Biden’s tenure. That’s the inevitable outcome of combining an oversized national debt with excessive spending and rising interest........

© Eurasia Review


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