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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
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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