The national debt is about to reach $39 trillion for the first time ever. $2 trillion annual budget deficits. The US govt pays over $1.2 trillion per year in interest on the debt. About 25% of all govt revenue goes to interest payments. Congress refuses to cut spending.

Reddit: r/WallStreetSilver reports: The national debt is about to reach $39 trillion for the first time ever. $2 trillion annual budget deficits. The US govt pays over $1.2 trillion per year in interest on the debt. About 25% of all govt revenue goes to interest payments. Congress refuses to cut spending.. Full body text was unavailable at ingest time, so this brief is based on headline context.