Bidenomics- Soaring Interest Costs
Interest rates have dramatically increased under the Biden Administration causing interest payments on US debt held by the public to soar under Biden to an average of $47.2 billion per month from an average of $29.7 billion per month under his predecessor. Over a 4 year Presidential term this is equivalent to an increase in Government spending of $840 billion.
Hard earned tax dollars being spent on interest to fund profligate spending instead of helping workers and the economy.
https://x.com/moxlosllc/status/1768361776750399923?s=46&t=Y4fVsDnz2q8uZ3VNKeco4A
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