Interest expense is offically larger than Medicaid in the United States:
— The Kobeissi Letter (@KobeissiLetter) April 1, 2024
Net interest costs on US debt hit $659 billion in 2023.
This was more than Medicaid and Spending on Children which bot sat around $600 billion.
That's more than TRIPLE the amount spent on Veterans which… pic.twitter.com/diK2gjnKVG
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