Interest on federal debt hits $1 trillion 💰 for the first time.
Interest alone now soaks up a third of all taxes collected. While Washington spends over twice what it collects.
This is unprecedented in peacetime. And they know it's only a matter of time until something breaks. ⬇️
https://x.com/profstonge/status/1803766216365871311
francisscottkey /
npub1zd3…3geh
2024-06-20 20:33:53
Author Public Key
npub1zd32zy4qpd2f8jm0d8z057wuhd9mcdypwvwuze5zae0fr9h0f03qzd3gehPublished at
2024-06-20 20:33:53Event JSON
{
"id": "ecdbb281e2c222b12b9a16bf94acc334deb3bff87a7f987b328c6b07b043e37d",
"pubkey": "1362a112a00b5493cb6f69c4fa79dcbb4bbc3481731dc16682ee5e9196ef4be2",
"created_at": 1718908433,
"kind": 1,
"tags": [
[
"proxy",
"https://noauthority.social/users/francisscottkey/statuses/112650383123280756",
"activitypub"
]
],
"content": "Interest on federal debt hits $1 trillion 💰 for the first time.\n\nInterest alone now soaks up a third of all taxes collected. While Washington spends over twice what it collects.\n\nThis is unprecedented in peacetime. And they know it's only a matter of time until something breaks. ⬇️\n\nhttps://x.com/profstonge/status/1803766216365871311",
"sig": "f52fb8ccfeb0369487fa7efbdf8d512faa3de74faf2500fe09be3b85b8a1576042b2f9d853aee4e13d8f0c588698a9077d5c2b11ddb0c17286b95b7dd450b4b0"
}