Endgame: US Federal Debt Interest Payments About To Hit $1 Trillion

from ZeroHedge: There was a shocking number in today’s latest monthly US Budget Deficit report. No, it wasn’t that US government outlays unexpectedly soared 15% to $646 billion in June, up almost $100 billion from a year ago… … while tax receipts slumped 9.2% from $461 billion to $418 billion, resulting in a TTM government receipt drop […]

Source