The U.S. spends $88B a month in interest on national debt, equal to defense and education spending
The downside with an rising debt burden is that it prices extra to keep it: This is exactly the difficulty with which the U.S. Treasury is wrangling at current. As complete U.S. national debt ticks over $39 trillion, the interest funds on that worth are eye-watering: $529 billion for the primary six months of the…
