US spending $1.22 TRILLION on Interest on Debt (Patreon)

With the government piling up ever increasing debt, there’s no realistic way to control interest rates. The soaring interest expense only accelerates the debt and deficit spiral, making the problem exponentially worse. There is no escape.

Each American Taxpayer (rem only 50M pay any real tax) is now paying $24K a year in Interest.

Madness.