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Retirement
fromFortune
5 days ago

U.S. government is spending $88 billion a month in interest on national debt, equal to its spending on both defense and education combined | Fortune

The U.S. national debt exceeds $39 trillion, with interest payments reaching $529 billion in the first half of the fiscal year.
US politics
fromFortune
9 months ago

CBO digs further into 'Big, Beautiful Bill' and now says it will raise deficit by $2.8 trillion

The recent CBO report indicates that the tax bill could increase federal debt by $441 billion and inflate interest rates.
fromwww.esquire.com
10 months ago

The Big, Beautiful Bill Also Proposes Cuts to Medicare

The unfathomable federal budget process allows legislators to operate in wild, unexpected ways, resulting in severe consequences for the most vulnerable populations through cuts to essential services.
SF politics
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