Elon Musk
@elonmusk
Interest payments on the national debt are now higher than the entire Defense Department budget and rising!
Wall Street Mav@WallStreetMav· 8 sept. 2024We will reach $36 trillion easily by the end of 2024.
And we are on pace for over $1.2 trillion in interest to be paid on the debt in the next 12 months. That is about 25% of all govt revenue ($5 trillion per year) going to interest on the debt.
04:46 · 8 septembre 2024 · 37,8 M vues
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