U.S. Interest Expense UP 50% in Two Months

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by SRSRocco Report

The U.S. government just released its November Treasury Statement with a shocker that the Debt-Service Interest Expense surged 50% in the first two months. This is a great deal of money when it equals nearly the same value for World Transparent Silver Holdings.

So, how much did the U.S. Interest Expense increase in the first two months of fiscal 2023? Let’s look at the following charts from the November Treasury Statements.

The U.S. government paid a total “Net Interest” Expense of $60 billion for October-November 2021.

Now, look at what was paid for October-November 2023:

The U.S. Treasury forked out an additional $30 billion for a total of $90 billion (just for October & November) to service the U.S. Debt, now at $31.3 trillion. Amazingly, this is a 50% increase year-over-year. Folks, $30 billion is a lot of money and represents nearly the same value as World Transparent Silver Holdings: Read More

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