interest payments on the Federal debt are now higher than the annual defense spending

Summary:
Monetarists freaking out….  F’em….  ????The US government interest payments on the Federal debt are now higher than the annual defense spending.This is likely the initial stages of a trend, and if no solutions are implemented, other components of the fiscal agenda may soon be constrained by the escalating cost of… pic.twitter.com/hBY2haxNyG— Otavio (Tavi) Costa (@TaviCosta) July 20, 2023

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