US Paying $1,157,762,000,000 in Interest on National Debt in One Year, Says Treasury Department, As Elon Musk Warns Government ‘Whistling Past the Graveyard’
September 21 2024 - 1:31PM
The Daily Hodl
The US Treasury Department says it expects to pay a whopping
$1.157762 trillion in interest on the national debt for the fiscal
year 2024. The interest represents the cost of borrowing money,
which the government does by issuing Treasury bonds, bills and
other securities. Interest payments have already totaled $1.05
trillion as of August, and […]
The post
US Paying $1,157,762,000,000 in Interest on National Debt in One
Year, Says Treasury Department, As Elon Musk Warns Government
‘Whistling Past the Graveyard’ appeared first on The Daily
Hodl.
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Continue reading US Paying $1,157,762,000,000 in
Interest on National Debt in One Year, Says Treasury Department, As
Elon Musk Warns Government ‘Whistling Past the Graveyard’
The post
US Paying $1,157,762,000,000 in Interest on National
Debt in One Year, Says Treasury Department, As Elon Musk Warns
Government ‘Whistling Past the Graveyard’ appeared first on
The
Daily Hodl.
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