https://fortune.com/2026/09/07/us-natio ... t-bessent/A recent analysis from investment management firm Doubleline noted that in 2025, the federal net interest payment on the U.S.’s now-$40 trillion national debt reached 18.5% of revenue, surpassing 1991’s record 18.4%. That means the U.S. is collecting nearly 19% of all taxes and revenue just to pay off interest on its ballooning debt, equivalent to $1.25 trillion—more than the entire 2026 defense budget.
Growing interest payments create a cycle: the government must borrow more just to cover the interest, leaving it less flexible to spend on infrastructure, education, and other investments that drive growth.
US Erection 12 *AND* 16 *AND* 20 *AND* 22 *AND* 24 *AND* Beyond
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- Topper
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Re: US Erection 12 *AND* 16 *AND* 20 *AND* 22 *AND* 24 *AND* Beyond
Over the Internet, you can pretend to be anyone or anything.
I'm amazed that so many people choose to be complete twats.
I'm amazed that so many people choose to be complete twats.
- 5thhorseman
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Re: US Erection 12 *AND* 16 *AND* 20 *AND* 22 *AND* 24 *AND* Beyond
Peak interest rates were almost double today's rates in 1991. Which puts the US in a far worse situation now.
