1. Home
  2. Interest payments

Interest payments

US Paying $1,157,762,000,000 in Interest on National Debt in One Year, Says Treasury Department, As Elon Musk Warns Government ‘Whistling Past the Graveyard’

US Paying ,157,762,000,000 in Interest on National Debt in One Year, Says Treasury Department, As Elon Musk Warns Government ‘Whistling Past the Graveyard’

The US Treasury Department says it expects to pay a whopping $1.157762 trillion in interest on the national debt for the fiscal year 2024. The interest represents the cost of borrowing money, which the government does by issuing Treasury bonds, bills and other securities. Interest payments have already totaled $1.05 trillion as of August, and […]

The post US Paying $1,157,762,000,000 in Interest on National Debt in One Year, Says Treasury Department, As Elon Musk Warns Government ‘Whistling Past the Graveyard’ appeared first on The Daily Hodl.

MEXC Research: Top 10 Memecoins to Watch in 2024

$870,000,000,000 in Interest Will Be Spent on US National Debt This Year, Exceeding Defense Spending for First Time Since 1940: Report

0,000,000,000 in Interest Will Be Spent on US National Debt This Year, Exceeding Defense Spending for First Time Since 1940: Report

The US government is expected to shell out nearly a trillion dollars this year just to cover the interest on its record-level debt. The Committee for a Responsible Federal Budget (CRFB), a nonprofit that calls attention to issues with significant fiscal impact, cites data from the Congressional Budget Office (CBO) estimating that the US government […]

The post $870,000,000,000 in Interest Will Be Spent on US National Debt This Year, Exceeding Defense Spending for First Time Since 1940: Report appeared first on The Daily Hodl.

MEXC Research: Top 10 Memecoins to Watch in 2024

ECB President Lagarde Warns of ‘Major Disaster’ If US Defaults on Debt Obligations

ECB President Lagarde Warns of ‘Major Disaster’ If US Defaults on Debt ObligationsThere is a lot of discussion lately about the U.S. government’s debt ceiling and whether Congress will act before defaulting. In a recent interview, Christine Lagarde, the president of the European Central Bank (ECB), said she is confident the U.S. can maintain its debt obligations. However, she warned that if the U.S. were to default […]

MEXC Research: Top 10 Memecoins to Watch in 2024

Gemini Co-Founder Accuses Digital Currency Group of Misrepresentation, Demands CEO Resignation

Gemini Co-Founder Accuses Digital Currency Group of Misrepresentation, Demands CEO ResignationGemini CEO Cameron Winklevoss has published another open letter on Twitter, addressed to the board members of Digital Currency Group (DCG). In the letter, Winklevoss accuses DCG and CEO Barry Silbert of making poor decisions with the now-defunct crypto hedge fund Three Arrows Capital (3AC), and claims that DCG orchestrated a “campaign of lies” in […]

MEXC Research: Top 10 Memecoins to Watch in 2024

Reports Claim Russia Defaulted on Foreign Debt for the First Time in a Century, Kremlin Disagrees and Says It Paid

Reports Claim Russia Defaulted on Foreign Debt for the First Time in a Century, Kremlin Disagrees and Says It PaidAccording to reports, the Russian Federation has defaulted on its foreign debt for the first time since 1918. Bondholders told the press that they had not received payments from the transcontinental country. However, Russia’s finance ministry denies the allegations and says the country made the payments via the Euroclear monetary system. Russia Is Accused of […]

MEXC Research: Top 10 Memecoins to Watch in 2024