Tag Archives: Federal debt deficit and interest now in the trillions

The 2024 federal fiscal year ended. $35.46 trillion in debt. A $1.83 trillion deficit. $1.13 trillion in gross interest payments. The presidential candidates are silent.

By Robert Willmann Like Mother Nature, mathematics is impartial. The financial or fiscal year of the U.S. government starts on 1 October and ends on 30 September of the following year, with its name being the year of the last … Continue reading

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