The US government just spent over half a trillion dollars in interest payments on its national debt in a mere seven months. The Committee for a Responsible Federal Budget (CRFB) reports that net spending on interest reached $514 billion in the first seven months of fiscal 2024 – more than what was spent on both The post US Government Pays $514,000,000,000 in Interest on National Debt in Seven Months, Surpassing Defense and Medicare Costs: Report appeared first on The Daily Hodl .
