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Message
re: Just in -- Treasury’s $24 billion 30-year bond auction goes poorly today
Posted on 11/9/23 at 3:04 pm to Bass Tiger
Posted on 11/9/23 at 3:04 pm to Bass Tiger
quote:
US debt service will blast through $1 trillion annually by the end of Q1 in 2024
Where are you seeing this?
2
Posted on 11/9/23 at 3:45 pm to Bard
quote:
Where are you seeing this?
Here is the most recent article that I saw on this. Analysis done by Bloomberg. LINK: US Debt costs hit $ 1 Trillion
Posted on 11/9/23 at 4:34 pm to Bard
quote:
quote:US debt service will blast through $1 trillion annually by the end of Q1 in 2024
Where are you seeing this?
Here's a quick Google search on US debt service for 2023...
quote:
As of September 2023 it costs $879 billion to maintain the debt, which is 14% of the total federal spending. The national debt has increased every year over the past ten years.
War Room cited what I believe is a Bloomberg article that's predicting the service on US debt will be $1 trillion in 2023.
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