Interest payments

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X @The Economist
The Economist· 2025-07-13 11:40
The state pension is projected to add more to the long-term rise in spending than anything except health care and interest payments https://t.co/fmV8PRR3fw ...
Is the U.S. deficit a national security issue?
CNBC Television· 2025-07-07 22:01
What is the biggest threat to national security. When Admiral Michael Mullen was asked that very question back in 2010, his answer shocked the nation. I responded that the most significant threat was our national debt, which was a bit of a surprise.Admiral Mullen served as the chairman of the Joint Chiefs of Staff under presidents George W. Bush and Barack Obama. Since then, the national debt has nearly quadrupled.Well, experts have warned that when a government spends so much related to its debt load, it c ...
Consequences of U.S. debt on defense spending, Fmr. Chairman of Joint Chiefs of Staff weighs in
CNBC Television· 2025-07-07 21:30
And President Trump signing his tax bill into law on Friday. It is projected to add trillions to the US deficit over the next decade. Leslie Picker joins us with a special report.America's deficit reckoning and a look at the potential international implications of America's soaring debt. Leslie, great work. Tell us.Yeah, thank you, John. Uh, when Admiral Michael Mullen was asked back in 2010 what he thought was the biggest threat to national security, his answer shocked the nation. I responded that the most ...
X @Elon Musk
Elon Musk· 2025-07-06 07:59
RT Mario Nawfal (@MarioNawfal)ELON: OUR NATIONAL DEBT IS A DISASTER“What really matters is that government spending is not far in excess of government revenue.That's a fundamental issue that we have where we have a deficit of $2 trillion and we have interest payments that now exceed the entire budget of the military.In fact, that was a big wake-up call for me was when the amount of money that we pay in national debt interest exceeded the Defense Department budget.And the Defense Department budget is very bi ...
What YOU should know about Trump's megabill and the national debt
MSNBC· 2025-07-03 20:34
So, there we have it. Trump's big, beautiful bill, spending bonanza, got the votes it needed from Republicans in the House, and now it is making its way to the president's desk. So, what should you be prepared for.Well, the benefits of this bill will be like a sugar high. But I want you to know that usually when we rack up huge deficits, it's because we're in a crisis. Think COVID, World War II, the financial crisis.The government steps in, spends a lot in hopes of saving the economy. But this time, that's ...