Posted by on May 4, 2017 11:05 pm
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Categories: Business Credit rating Deficit reduction in the United States economic policy Economy Fiscal policy Government debt National debt of the United States Political debates about the United States federal budget Politics Presidency of Barack Obama United States United States debt ceiling United States fiscal cliff US government

With debt ceilings, spending plans, and tax reforms focusing all eyes on Washington, we thought it notable that for the first time in US history, the cost of interest on US government debt has risen above half a trillion dollars

Source: @NorthmanTrader

One wonders, given the grandiose spending plans, if we will ever get back below half a trillion dollars?

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