Connect with us

Hi, what are you looking for?

U.S. News

The Eye-Popping Interest Payment Spike On Our National Debt

via CNN

The combined net worth of prominent US billionaires falls short of covering a single year’s interest payment on the country’s $34 trillion national debt.

Despite their total net worth of around $726 billion, the interest on the national debt stands at $730.8 billion, indicating a significant disparity.

Interest payments have been rapidly increasing, making it clear that suggested tax increases are insufficient to address the debt, especially as interest payments continue to rise. (Trending: Bombshell J6 Footage Raises Questions About Pelosi’s Team)

The national debt is projected to surpass $46 trillion by 2028, equating to over $300,000 in debt for each American taxpayer.

Most Popular:

Trump Responds To Biden’s Bombing In Yemen

Bombshell UFO Footage Released To The Public

Hunter Biden’s Art Scheme Exposed By GOP Probe

You May Also Like

Politics

President Joe Biden delivered a speech during the signing ceremony of a proclamation to establish the “Emmett Till and Mamie Till-Mobley National Monument” in...

Politics

The ex-husband of First Lady Jill Biden is speaking out about serious concerns with “the Biden crime family.” Delaware businessman Bill Stevenson sat down...

Politics

Joe Biden’s 2020 presidential campaign repeatedly insisted that he had no involvement in his son Hunter’s overseas business dealings. “I have never spoken to...

U.S. News

A 911 call was made from former President Barack Obama’s Martha’s Vineyard estate after a 45-year-old man struggled for his life. Just yards away...