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U.S. National Debt Approaches $35 Trillion, Interest Consumes 76% of Income Tax
- Source :
- Blockonomi. July 25, 2024
- Publication Year :
- 2024
-
Abstract
- TLDR The U.S. national debt has reached nearly $35 trillion Interest payments on the debt are expected to exceed $1.14 trillion this fiscal year In June, interest payments consumed 76% [...]
- Subjects :
- Personal finance -- Economic aspects
Public debts -- Economic aspects
Financial markets -- Economic aspects
Medium term notes -- Economic aspects
Tax law -- Economic aspects
Tax collection -- Economic aspects
Economic forecasting -- Economic aspects
Income tax -- Economic aspects
Tax law
Government
Subjects
Details
- Language :
- English
- Database :
- Gale General OneFile
- Journal :
- Blockonomi
- Publication Type :
- Periodical
- Accession number :
- edsgcl.802593675