US Gov't Spending Soared 16% to $646B in June

[Eagle]

was unexpected.... also interest expenses are set to hit $1 TRILLION this year... and could easily triple over the next few years....

This is a massive debt crisis.

Federal government current expenditures: Interest payments

Graph and download economic data for Federal government current expenditures: Interest payments (A091RC1Q027SBEA) from Q1 1947 to Q3 2024 about payments, expenditures, federal, government, interest, GDP, and USA.

fred.stlouisfed.org

 

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