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Financial Friday: Government Expenses and Tax Savings
FF: Government expenses & Tax savings
The US government spent $367 billion that it did not have JUST IN NOVEMBER! Paying interest on the $36+ Trillion debt took 62% of our payments that month. Interest is now more than every budget item other than Social Security. And they are still spending more than they have. This is unsustainable & anything that cannot go on forever will not go on forever.
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The skinny
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