Posted 2/20/2017 14:06 (#5851957) Subject: U.S. debt and interest calculation
Nebraska aka the boondocks
I was trying to do the math but my phone doesn't go high enough to check, but isn't a quarter point of interest on 20 trillion, 50 billion more per year in interest? 1 percent is 200 billion? Yikes and the fed wants to raise rates how this next year?