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==Also notice that the interests on US debt come dangerously close to the whole of US government revenue.== This is not true. Revenue was $4.44 trillion in 202
by supplied_demand 2y ago
==Also notice that the interests on US debt come dangerously close to the whole of US government revenue.==
This is not true. Revenue was $4.44 trillion in 2023 [0] and debt interest was $650 billion [1].
[0] https://fiscaldata.treasury.gov/americas-finance-guide/government-revenue/ https://fiscaldata.treasury.gov/americas-finance-guide/gover...
[1] https://www.crfb.org/blogs/2023-interest-costs-reach-659-billion https://www.crfb.org/blogs/2023-interest-costs-reach-659-bil...