this post was submitted on 11 Apr 2026
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A Boring Dystopia

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The U.S. government is spending $88 billion a month in interest on national debt, equal to its spending on both defense and education combined (fortune.com)
submitted 4 days ago by return2ozma@lemmy.world to c/aboringdystopia@lemmy.world
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[โ€“] mrbutterscotch@feddit.org 3 points 4 days ago (1 children)

No it's the interest if the debt they are paying 88billion for. Not the debt itself. So the debt isn't actually being paid off.

[โ€“] 8oow3291d@feddit.dk 1 points 3 days ago

Treasuries have a limited lifetime, and then are repaid. They are expiring all the time, and they are being repaid.