27/09/18

Debt Threat Rises: The Government Will Soon Spend More On Interest Than On The Military



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Debt Threat Rises: The Government Will Soon Spend More On Interest Than On The Military
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Authored by Mac Slavo via SHTFplan.com,

As debt and interest rates rise, the government is about to be in a disastrous situation. Very soon, they will spend more money paying interest on the national debt than they will on the bloated military budget.

By the year 2023, interest payments on the national debt could surpass the entire budget for the Department of Defense, according to the New York Times. The ballooning debt is being spurred by an inability by those who claim authority over the economy to stop spending and the ....

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