On the recordMarch 11, 2024
According to the Congressional Budget Office, interest on the debt will total $870 billion this year, exceeding what we expect to spend on national defense.
Source
congress.govAccording to the Congressional Budget Office, interest on the debt will total $870 billion this year, exceeding what we expect to spend on national defense.
Grassley points out that debt interest costs will surpass national defense spending.
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