US Debt Tops 30 Trillion

01 Feb 2022 18:25 - 01 Feb 2022 18:25 #1 by FredHayek
Ouch! And President Biden is promising to spend even more. Senator Manchin is currently working on a scaled back BBB that will still be too expensive and make inflation worse.

Thomas Sowell: There are no solutions, just trade-offs.

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02 Feb 2022 10:05 #2 by FredHayek
Replied by FredHayek on topic US Debt Tops 30 Trillion
$90,000 per American!

Thomas Sowell: There are no solutions, just trade-offs.

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07 Feb 2022 13:25 #3 by FredHayek
Replied by FredHayek on topic US Debt Tops 30 Trillion
And 900 million just to service the debt every year. Watch that climb when interest rates do.

Thomas Sowell: There are no solutions, just trade-offs.

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07 Feb 2022 18:20 #4 by Rick
Replied by Rick on topic US Debt Tops 30 Trillion

FredHayek wrote: And 900 million just to service the debt every year. Watch that climb when interest rates do.

I think you're off by more than 500 billion.

The left is angry because they are now being judged by the content of their character and not by the color of their skin.

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07 Feb 2022 20:37 #5 by FredHayek
Replied by FredHayek on topic US Debt Tops 30 Trillion
I think it was 900 million per month.

Thomas Sowell: There are no solutions, just trade-offs.

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08 Feb 2022 08:07 #6 by Rick
Replied by Rick on topic US Debt Tops 30 Trillion
Still off by hundreds of billions.
www.treasurydirect.gov/govt/reports/ir/ir_expense.htm

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