Name: US Interest Payments Eating the Budget – Swamponomics
Uploaded: 2022-11-07T17:01:05+00:00
Duration: 4 min 47 s
Description: The Federal Reserve is continuing to raise interest rates as part of its inflation-busting fight. While these efforts are hurting consumers and businesses, they will also squeeze Uncle Sam as it will

1 year ago

Liberty Nation News Politics Joe Biden Biden Administration President Biden Inflation 2021 Economy Post-Pandemic Economy Economic Crisis Economic Collapse

The Federal Reserve is continuing to raise interest rates as part of its inflation-busting fight. While these efforts are hurting consumers and businesses, they will also squeeze Uncle Sam as it will cost more to maintain America’s $31 trillion national debt. Interest payments could become so high that they may soon top defense spending.

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