Source: Chartr
We talked about this 2 weeks ago, but the nation missed a fantastic opportunity to refinance all of the outstanding US debt at much lower levels.
Every corporate debt issuer and homeowner in America refinanced at lower rates — except for Uncle Sam.
If you were in Congress from 2015-2021, you are the reason why HALF of the projected federal debt will soon be interest payments.
Previously:
The Greatest Missed Opportunity of Our Lifetimes (October 23, 2023)
The post Interest Payments Are An Increasingly Large Part Of The US Budget Deficit appeared first on The Big Picture.
