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return2ozma@lemmy.world to A Boring Dystopia@lemmy.world · 9 days ago

The U.S. government is spending $88 billion a month in interest on national debt, equal to its spending on both defense and education combined

fortune.com

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The U.S. government is spending $88 billion a month in interest on national debt, equal to its spending on both defense and education combined

fortune.com

return2ozma@lemmy.world to A Boring Dystopia@lemmy.world · 9 days ago
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  • cross-posted to:
  • usa@midwest.social
  • usa@lemmy.ml
The U.S. government is spending $88 billion a month in interest on national debt, equal to its spending on both defense and education combined | Fortune
fortune.com
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Maya MacGuineas, president of the Committee for a Responsible Federal Budget, called on lawmakers to “ultimately fix the broken process that got us into this mess.”
  • agentTeiko@piefed.social
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    9 days ago

    To the people that buy that debt in the form of US treasury bills, bonds and notes.

    • redsand@infosec.pub
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      9 days ago

      They are simple US bond buyers. People of the Land.

      • Jerkface@lemmy.world
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        9 days ago

        Common clay of the west.
        you-know-morons.gif

        • Big Baby Thor@sopuli.xyz
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          9 days ago

          You know… morons.

    • gh0stb4tz@lemmy.world
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      9 days ago

      Thank you.

    • Fontasia@feddit.nl
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      9 days ago

      You too can offer a loan to the US Government that they will actually repay at the cost of devaluing the currency it gets paid back in

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