Interest payments on the $33.7 trillion in US national debt is now annualized at over $1.0 trillion per year.

Interest payments on the $33.7 trillion in US national debt is now annualized at over $1.0 trillion per year.

This is the 2nd largest item in the budget, behind only social security. Interest on the debt is now more than Defense.

With $6 trillion in debt maturing in the next… pic.twitter.com/67wdJNjy7p

— Wall Street Silver (@WallStreetSilv) November 8, 2023