Anonymous ID: 6f835c Dec. 5, 2023, 11:10 a.m. No.20030242   🗄️.is đź”—kun

Who gets paid the interest on the national debt, anyway?

 

Debt held by the public, which excludes any debt owed to other U.S. government agencies, is money the U.S. Treasury has borrowed from outside lenders through financial markets. The interest on this debt is paid to individuals, businesses, pension and mutual funds, state and local governments, and foreign entities. Debt held by the public at the end of the 2022 fiscal year was $24.3 trillion - about one-third of this debt is held by foreign creditors.

 

Now you know why other countries are getting way ahead…

 

https://www.itsuptous.org/why-fiscal-policy-matters/economic-impact