Jun 18, 03:01 PM

US Federal Interest Payments on $34 Trillion Debt Surpass Defense Budget

US federal interest payments on the national debt, which now totals $34 trillion, have surpassed the entire defense budget. This marks a significant fiscal milestone, highlighting the growing burden of debt servicing on the federal budget. The situation has been described by some as a 'debt Ponzi scheme'.

#Ponzi

Written with ChatGPT (GPT-4o).

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MartyParty@martypartymusic
2 years ago
US debt payment annually passed US defense annual budget 👀 Debt monetization incoming. https://t.co/jRy5TbAokz
Bitcoin Magazine@BitcoinMagazine
2 years ago
JUST IN: 🇺🇸 US federal interest payments now exceed the entire defense budget 👀 https://t.co/IonVYXwxG2
Simply Bitcoin@SimplyBitcoinTV
2 years ago
NEW: US interest payments on debt now exceed the defense budget. 👀 Symptom of late-stage fiat. Study #Bitcoin. https://t.co/dEJt0pBHVS

US Federal Interest Payments on $34 Trillion Debt Surpass Defense Budget

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