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Tag: federal spending

Capital and Risk, Macroeconomic

Gov’t Will Pay $640 Billion in Net Interest on Federal Debt This Year

March 28, 2023

Via: CNSNews.com

As federal spending continues to rise, accumulated federal debt will soon reach all‐time highs relative to the size of the economy. Federal debt held by the public will hit 107 percent of gross domestic product (GDP) in 2028, surpassing the […]