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Title: US Govt Pays $3 BILLION In Interest Per Day (Federal Unfunded Liabilities At $219 Trillion
Source: [None]
URL Source: https://citizenwatchreport.com/hey- ... tal-us-assets-at-213-trillion/
Published: Sep 4, 2024
Author: Horse
Post Date: 2024-09-04 07:59:35 by Horse
Keywords: None
Views: 464
Comments: 1

While Total US Assets At $213 Trillion)

Hey Big Spender! (Federal Government). The US government now pays out on average $3bn in interest expenses per day…If the Fed cuts interest rates by 1%-point and the entire yield curve declines by 1%-point, then daily interest expenses will decline from $3bn per day to $2.5bn per day.

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#1. To: Horse (#0)

In 2006, Rep. James Traficant got up to address Congress. His speech began thus: "Gentlemen, we are here today in Chapter 11. We are the receivers in the largest bankruptcy in the history of the world." ;)

"When bad men combine, the good must associate; else they will fall, one by one." Edmund Burke

BTP Holdings  posted on  2024-09-04   9:42:26 ET  Reply   Trace   Private Reply  

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