Source: Karl Dickey’s Freedom Vanguard
by Karl Dickey
“On average, the federal government is paying 3.4% on its $40 trillion of debt, and as interest rates rise, it has a major effect on our debt service payments, causing the government to either print more money or crowd out other spending—neither are good choices. Over the next year, the federal government needs to raise another $10 trillion as old debt is coming due, and this borrowing will likely be at our current higher interest rates, which very well could create a serious economic problem for America.” (08/30/26)
https://palmbeachexaminer.substack.com/p/america-hit-40-trillion-in-debt-the