US Government Paying $3,000,000,000 in Interest on National Debt Every 24 Hours: Report

The US is spending a huge amount of cash per day just to cover interest on the national debt, according to the chief economist at the multinational investment giant Apollo Global Management. Citing data from the Treasury Department, Apollo’s Torsten Sløk says the US government is now spending an average of $3 billion in interest The post US Government Paying $3,000,000,000 in Interest on National Debt Every 24 Hours: Report appeared first on The Daily Hodl .