America's Biggest Expense?

Yes, government, especially Colorado's fees and taxes!

And interest expense is the biggest part of discretionary spending.

An excellent. article on TABOR. What a sane Colorado did to slow down and possibly tax increases.
completecolorado.com/2026/08/14/strength...colorado-affordable/

FredHayek wrote: And interest expense is the biggest part of discretionary spending.

Those interest payments are mandatory spending . . . it's the principle amount that has been deemed discretionary.

PrintSmith wrote:

FredHayek wrote: And interest expense is the biggest part of discretionary spending.

Those interest payments are mandatory spending . . . it's the principle amount that has been deemed discretionary.

Nations have defaulted before.

They'll put another trillion into circulation (i.e., "borrow" the money) before they miss the interest payment.