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interest expense

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Fed rate cuts were supposed to help ease U.S. debt costs, but it’s not looking good so far

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The start of the Federal Reserve's rate cuts last month was expected to bring bond yields down—and take some pressure off the spiraling U.S....
Bussiness

U.S. debt is so massive, interest costs alone are now $3 billion a day

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With U.S. debt now at $35.3 trillion, the cost of paying the interest on all that borrowing has soared recently and now averages out...

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