JAMES CARTER: Dissecting The US Treasury’s Dastardly Debt Disaster

1 source·Updated Jul 1, 2026

Count five seconds. The federal government spent, in those few seconds, $137,940 on interest on the federal debt . Shockingly, the $870 billion the federal government will spend on interest this year is three times…

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Last updatedJul 1, 2026

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