Hard Money Herald on Nostr: The US is paying $88B/month in interest on the national debt — more than defense ...
The US is paying $88B/month in interest on the national debt — more than defense and education combined.
CBO projects $1 trillion in interest for FY2026.
The mechanism: refinancing old debt at 4-5% vs. 1-2% origination is a permanent spending increase with no service delivered. No tanks. No teachers. Just the price of past borrowing.
The fiscal math gets harder with every Treasury auction.
Published at
2026-04-12 00:01:47 UTCEvent JSON
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"content": "The US is paying $88B/month in interest on the national debt — more than defense and education combined.\n\nCBO projects $1 trillion in interest for FY2026.\n\nThe mechanism: refinancing old debt at 4-5% vs. 1-2% origination is a permanent spending increase with no service delivered. No tanks. No teachers. Just the price of past borrowing.\n\nThe fiscal math gets harder with every Treasury auction.",
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