US Debt Interest Bill Rockets Past a Cool $1 Trillion a Year

[Republican Update]   Interest On The Debt Is Spiraling Out of Control!   Here’s an urgent warning about our debt problem. According to Bloomberg... US Debt Interest Bill Rockets Past a Cool $1 Trillion a Year The federal government’s interest payments are at record high, and one of the country’s largest annual expenses now. Let me spell out for you what this really means… With higher interest rates, it costs more to finance our debt, which means we have to borrow more money to pay for the existing debt, and then pay more to finance the new debt, and on and on and on. “The federal government is sitting on a ticking time bomb. Payments on the debt already doubled over the last two years, and are expected to double again over the next decade.” - Washington Post The bottom line is, this could ugly and fast. We are projected to spend more on debt interest, than we do on the military. It could become our second largest expenditure, only behind Social Security. “Projected payments on the debt would rise to $10.6 trillion over the next decade, or to 2033.” - Washington Post And it gets worse…  The credit ratings agency Moody’s sent an urgent warning to America that we could lose our perfect credit rating, changing the outlook on our national debt to NEGATIVE! They cited higher interest rates and doubts about our government’s ability to usher in effective fiscal policies.  So, if you’re thinking this madness is unsustainable, you’re not alone.  Learn how fellow patriotic Americans are diversifying their money to potentially avoid a financial disaster using precious metals like gold and silver. 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You owe it to yourself to explore how you can safeguard your money for you and your family. Click [here](~/AAST1QA~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~) to unsubscibe from Goldco mailings   Trusted by over 520,000 readers, Conservatives Daily is your source for daily news and updates, with an editorial focus on politics and policy. We deliver reliable, up to the minute, impartial political news to an audience that obsessively digs deeply to unearth the truth. 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