It's expected that interest expenses, Social Security, and healthcare will account for 87% of the increase in U.S. government spending over the next decade.

According to CBO estimates, federal spending will rise from $6.8 trillion in FY 2024 to $10.3 trillion in 2034.

$3.0 trillion out of the $3.5 trillion increase will go to Social Security, federal healthcare programs, and interest on government debt.

Interest expenses are projected to be the fastest-growing part of the budget: they will DOUBLE from $892 billion in 2024 to $1.7 trillion by 2034.

Net interest could account for 23% of the spending growth.

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Yesterday, the S&P 500 posted its largest daily gain in history on the day after Election Day. The index jumped

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