US interest payments on the debt reaches $1 trillion
I'm so proud
https://finance.yahoo.com/news/us-debt-interest-payments-surge-230622362.html?guccounter=1&guce_referrer=aHR0cHM6Ly93d3cuZ29vZ2xlLmNvbS8&guce_referrer_sig=AQAAAEyO8V_Nt3gHU8H1UC_Xswpnt6GfknMCc3CXcSvmNQOd9ZWg8P34aSwVdIjDmdPWpUDxNFz36181SXbB09CVYjdFKPLbGbC3ln3Knto4NK3mlN_fhyCjLsiEQP1Uljb9vM2NzGF8ekjskXeZ7ZCIEjJJ5FmqC287197hOIov1xDv
US annualized debt interest payments crossed $1 trillion in October, according to a Bloomberg analysis.
The cost of debt has doubled in the past 19 months as federal deficits balloon.
High interest rates have made borrowing more expensive, adding pressure on US debt.
The estimated annualized interest payments on the US government debt pile topped $1 trillion at the end of October, according to data analyzed by Bloomberg Intelligence.
https://finance.yahoo.com/news/us-debt-interest-payments-surge-230622362.html?guccounter=1&guce_referrer=aHR0cHM6Ly93d3cuZ29vZ2xlLmNvbS8&guce_referrer_sig=AQAAAEyO8V_Nt3gHU8H1UC_Xswpnt6GfknMCc3CXcSvmNQOd9ZWg8P34aSwVdIjDmdPWpUDxNFz36181SXbB09CVYjdFKPLbGbC3ln3Knto4NK3mlN_fhyCjLsiEQP1Uljb9vM2NzGF8ekjskXeZ7ZCIEjJJ5FmqC287197hOIov1xDv
US annualized debt interest payments crossed $1 trillion in October, according to a Bloomberg analysis.
The cost of debt has doubled in the past 19 months as federal deficits balloon.
High interest rates have made borrowing more expensive, adding pressure on US debt.
The estimated annualized interest payments on the US government debt pile topped $1 trillion at the end of October, according to data analyzed by Bloomberg Intelligence.
