I hadn't looked it up in a few years. The current rate of interest is 3.3% . Average IRS take annually is 4.7 T.
With our current debt, the interest owed is 1.1 T leaving 3.6T left .
In 2024 our spending is at 6.75 T.
It crazy how we've been able to sustain this as long as we have.
I hadn't looked it up in a few years. The current rate of interest is 3.3% . Average IRS take annually is 4.7 T. With our current debt, the interest owed is 1.1 T leaving 3.6T left . In 2024 our spending is at 6.75 T. It crazy how we've been able to sustain this as long as we have.