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US Gov’t Pays $3 BILLION In Interest Per Day (Federal Unfunded Liabilities At $219 Trillion While Total US Assets At $213 Trillion) [That's 34,722.21 a second]
posted ago by aslan_is_0n_the_m0ve ago by aslan_is_0n_the_m0ve +39 / -0

Hey Big Spender! US Gov’t Pays $3 BILLION In Interest Per Day (Federal Unfunded Liabilities At $219 Trillion While Total US Assets At $213 Trillion)

The US government now pays out on average $3bn in interest expenses per day…If the Fed cuts interest rates by 1%-point and the entire yield curve declines by 1%-point, then daily interest expenses will decline from $3bn per day to $2.5bn per day.

https://confoundedinterest.net/2024/09/03/hey-big-spender-us-govt-pays-3-billion-in-interest-per-day-federal-unfunded-liabilities-at-219-trillion-while-total-us-assets-at-213-trillion/

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