89 US Government Paying $3,000,000,000 in Interest on National Debt Every 24 Hours (dailyhodl.com) posted 54 days ago by Mycovidfeelslikeacol 54 days ago by Mycovidfeelslikeacol +89 / -0 US Government Paying $3,000,000,000 in Interest on National Debt Every 24 Hours: Report - The Daily Hodl The US is spending a huge amount of cash per day just to cover interest on the national debt, according to the chief economist at the multinational investment giant Apollo Global Management. 22 comments share 22 comments share save hide report block hide replies
The interest on the debt held by the Fed actually comes back to the treasury minus a small fee usually. It may not be usual right now. There are some requirements for that to happen.