Bloomberg: U.S. Debt Interest Bill Soars Past $1 Trillion a Year

by John Carney, Breitbart: The combination of high levels of debt and higher interest rates has pushed the annualized interest cost of government debt past $1 trillion, an analysis from Bloomberg showed Tuesday. This amounts to a doubling of interest costs over the past 19 months, according to Bloomberg. It is the equivalent of 15.9 […]

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