For the first time in history, US Federal Interest Outlays ($1.19 Trillion) have officially surpassed Defense Spending ($1.16 Trillion). The US is now spending more on servicing its past debt than on its national security. 📉 This vertical spike in interest costs highlights the
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For the first time in history, US Federal Interest Outlays ($1.19 Trillion) have officially surpassed Defense Spending ($1.16 Trillion). The US is now spending more on servicing its past debt than on its national security. 📉 This vertical spike in interest costs highlights the