Fed Interest
Time to check in on Federal interest payments again.
Their last "quarterly" update was 200 days ago and it's pretty clear why.
I bet there's a big bundle of surprises awaiting Team Trump, like real interest payments in the $1.5 trillion range, real budget deficit over $3 trillion, off-book loans holding the banking system together and unreported monetization of debt.
Interest Discrepancies
Discrepancies in the Federal Interest Payment webpage. The first image is from Sept 29, the second from Sept 15 when I blogged an entry about this payment data during the Age of Joe “Stalin” Biden. The page was updated on 8-28, but the data is timestamped “4-1-2023″, the same as
Federal Interest Payments, Redux
My previous commentary on dysfunctions with the Federal Interest Payment website. The data was finally updated after 205 days but other suspicions arose. Rate of increase in interest payments fell in the last two quarters, in spite of an additional $1.1 trillion in debt ($32.3T to $33.4T)
Federal Interest Payments, Tredux
Federal Interest Payments, ReduxMy previous commentary on dysfunctions with the Federal Interest Payment website. The data was finally updated after 205 days but other suspicions arose. Rate of increase in interest payments fell in the last two quarters, in spite of an additional $1.1 trillion in debt ($32.3T