Business & Economy · 1 views

Tariffs are generating only 25% of the revenue needed to pay interest on national debt—despite pitch that it would be a silver bullet

The CBO reported that between October and May 2026, the government has spent $742 billion servicing the debt burden, an increase on the $…

Source Fortune AI Summary Updated 12h 46m ago

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The CBO reported that between October and May 2026, the government has spent $742 billion servicing the debt burden, an increase on the $674 billion spent for the same period last year.

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