Commodity Trade Mantra

Posts Tagged ‘French Revolution’

US now Spending 26% of available Tax Revenue just to pay Interest

In Fiscal Year 2013, the US collected $2.49 trillion in tax revenue & after deducting payroll tax of $891 billion (tied directly to funding Social Security & Medicare), had $1.599 trillion available to pay for its operations & total US interest payments were a whopping $415 billion – That’s Approximately 26%

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