The Kobeissi Letter|Aug 18, 2026 00:21
BREAKING: US interest expense on the national debt hit a record $1.4 trillion over the last 12 months.
Since 2020, the cost of servicing US public debt has nearly TRIPLED.
If rates remain stable, interest payments are set to rise to $1.7 trillion by November 2028.
As a result, interest will surpass Social Security spending as the government's largest outlay for the first time.
America's debt bill is spiraling out of control.(The Kobeissi Letter)
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