Elon Musk
@elonmusk
America is headed for de facto bankruptcy very fast
Wall Street Mav@WallStreetMav· Dec 3, 2024The US govt brings in about $5 trillion per year in revenue from taxes, fees and tariffs.
The US govt is on pace to spend about $1.4 trillion for interest payments on the $36 trillion in debt during 2025.
That will be about 28% of all govt revenue going to interest payments.
01:37 PM · December 3, 2024 · 35.5M views
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