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submitted by /u/XGramatik [link] [comments] |
![[link]](https://i.redd.it/kszh7eyj5xce1.jpeg){kind=link}
WallStreetMav: The most recent data for December 2024 is out. The US govt had total revenue (taxes, fees, tariffs) of $454 billion. The US govt paid $140 billion in interest on the national debt.
31% of all govt revenue was consumed by interest payments on the debt. It is actually worse than that. The