Thursday, May 16, 2024

Interest on National Debt Now Costs More Than Medicare

U.S. national debt
DenisProduction.com / Shutterstock.com

The nation’s Medicare and defense programs are expensive. But the cost of the national debt surpasses each of them. During the first seven months of fiscal year 2024, the U.S. spent $514 billion on net interest, according to the nonpartisan, nonprofit Committee for a Responsible Budget. The nation spent $465 billion on Medicare and $498 billion on national defense during the same period.



from Money Talks News https://ift.tt/XIq70V9


A word from our sponsor:

Need Help With Your Personal Finance or need a coach to help you structure or just want to learn the financial skill to self manage your financial matters and retirement. iLearnFromCloud.com

Need to solve a problem quickly, now you can solve it by learning the art of problem solving Art Of Problem Solving

Feeling hungry. Latest food news from Best Restaurant To Eat Malaysian Food and Travel Blog

Memory loss. Need to organize better. Solve problem fast with Free Mind Mapping Software Mind Mapping 101

Need A Customized System Development for your business or Going Paperless XPERT TECHNOLOGIES - Empowering The Paperless Economy

No comments:

Post a Comment