Here’s a milestone, if you want to call it that, from Tyler Durden at zerohedge.com:
With debt ceilings, spending plans, and tax reforms focusing all eyes on Washington, we thought it notable that for the first time in US history, the cost of interest on US government debt has risen above half a trillion dollars…
Source: @NorthmanTrader
One wonders, given the grandiose spending plans, if we will ever get back below half a trillion dollars?
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