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"The Federal Government today pays more in interest on the debt than we do in budget for the Department of Defense. We pay $1.2B a year in JUST interest on debt. Total government spending is about $7T. Interest payments are $1.2T. DOD is $800B a year. Total debt is $35T and it
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"The Federal Government today pays more in interest on the debt than we do in budget for the Department of Defense. We pay $1.2B a year in JUST interest on debt. Total government spending is about $7T. Interest payments are $1.2T. DOD is $800B a year. Total debt is $35T and it
btc
(
twitter.com)
00:01:09
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ELON: OUR NATIONAL DEBT IS A DISASTER
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ELON: OUR NATIONAL DEBT IS A DISASTER
“What really matters is that government spending is not far in excess of government revenue.
That's a fundamental issue that we have where we have a deficit of $2 trillion and we have interest payments that now exceed the entire budget of
btc
(
twitter.com)
00:00:40
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