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US Paying $1,157,762,000,000 in Interest on National Debt in One Year, Says Treasury Department, As Elon Musk Warns Government ‘Whistling Past the Graveyard’
The US Treasury Department says it expects to pay a whopping $1.157762 trillion in interest on the national debt for the fiscal year 2024. The inte...
Sep, 21, 2024
2 min read
by The Daily Hodl
$870,000,000,000 in Interest Will Be Spent on US National Debt This Year, Exceeding Defense Spending for First Time Since 1940: Report
The US government is expected to shell out nearly a trillion dollars this year just to cover the interest on its record-level debt. The Committee f...
Mar, 03, 2024
2 min read
by The Daily Hodl
ECB President Lagarde Warns of ‘Major Disaster’ If US Defaults on Debt Obligations
There is a lot of discussion lately about the U.S. government’s debt ceiling and whether Congress will act before defaulting. In a recent interview...
Apr, 18, 2023
3 min read
by Bitcoin News