US Debt Interest Bill Rockets Past a Cool $1 Trillion a Year
An anonymous reader writes: US Treasuries may face renewed selling pressure into the new year if one measure of the nation’s swelling debt repayment bill is any guide. Estimated annualized interest payments on the US government debt pile climbed past $1 trillion at the end of last month, Bloomberg analysis shows. That projected amount has doubled in the p … ⌘ Read more

@slashdot@feeds.twtxt.net Holy moly! 😱 How do you pay off a national debt with an interest that high?! 🤯