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Interest Expense on the National Debt to Rise at Fastest Rate Ever in 2020

By: capt_nemo in POPE 5 | Recommend this post (1)
Wed, 15 Jan 20 5:32 AM | 43 view(s)
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Msg. 49074 of 62138
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The US federal government paid over $375 billion of interest on the national debt in 2019 and will pay roughly $479 billion in 2020

http://thesoundingline.com/interest-expense-on-the-national-debt-to-rise-at-fastest-rate-ever-in-2020/

Sounds like an interest only home loan I had. After 7 years it would blow up to something I couldn't afford. That's the one that went back to the bank, in 2010

Realist - Everybody in America is soft, and hates conflict. The cure for this, both in politics and social life, is the same -- hardihood. Give them raw truth.

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