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E131: 2024 Fantasy President picks, debt ceiling agreement, Dollar dominance & more
All-In with Chamath, Jason, Sacks & Friedberg
The Federal Government's Interest Payments Per Year
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The federal government is spending more on interest payments on the federal debt than they are on national defense. The Republicans in announcing the debt deal this week made a lot of proclamations about it being a win and showed how we were able to reduce spending by $2 trillion. To start, it's a start, but what leverage do they have now? Isn't that good?
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