Peter Schiff Warns Interest on National Debt Will Pass Social Security Next Year: ‘The Biggest Line in the Budget...’
Peter Schiff warns rising US debt interest costs could surpass Social Security spending next year, raising fiscal concerns.
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Why It Matters
The US government pays more and more money just on its debt interest. When interest payments grow bigger than what we spend on Social Security, it shows money problems ahead.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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