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re: Breakdown of to whom the US owes its $22T debt
Posted on 2/13/19 at 1:17 pm to GoIrish02
Posted on 2/13/19 at 1:17 pm to GoIrish02
quote:
FYI, the CBO has already stated interest on the national debt will comprise over 1/3 of all government spending in FY 2021, totalling over $1 Trillion of the projected ~$3 trillion total federal budget. (Thanks Obama for adding an extra $14 trillion in 8 years to $4 trillion accumulated from George Washington to GWB!)
The US debt at the end of the 2008 FY (Sep 30, 2008) was $9.986 trillion. You are only $6 trillion off
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