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BREAKING: Interest payments on US debt declined by -$13.5 billion in Q1 2025, to an annualized $1.11 trillion, the lowest since Q2 2024.
This marks the first quarterly decline in interest payments since 2020.
However, interest expense on national debt is still TWICE as high as
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由
The Kobeissi Letter
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BREAKING: Interest payments on US debt declined by -$13.5 billion in Q1 2025, to an annualized $1.11 trillion, the lowest since Q2 2024.
This marks the first quarterly decline in interest payments since 2020.
However, interest expense on national debt is still TWICE as high as it was 5 years ago.
Currently, the government spends over $3 billion per day on interest.
As a % of GDP, interest payments reached 3.7%, and currently stands just below 1980s-1990s levels.
Reducing US debt must remain a top priority.
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Elon Musk: America is going bankrupt extremely quickly and everyone seems to be whistling past the graveyard.
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Elon Musk: America is going bankrupt extremely quickly and everyone seems to be whistling past the graveyard.
“The Defense Department budget is a very big budget. It's a trillion dollars a year. And interest payments on the national debt just exceeded the Defense Department
btc
(
twitter.com)
00:01:03
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🚨NEW: David Friedberg explains why people have lost interest in the Democratic party (MUST WATCH)
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🚨NEW: David Friedberg explains why people have lost interest in the Democratic party (MUST WATCH)
"I think the Democratic party has split into two parties: the democratic party *with* beliefs and the democratic party *without* beliefs.
The Democratic party with beliefs is very
btc
(
twitter.com)
00:02:35
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