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Message Subject Obama: 'Raising the Debt Ceiling...Does Not Increase Our Debt,'
Poster Handle ohnonotagain
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Anyone here have any idea how much interest is owed on the national debt now?

How much of every dollar the government spends is BORROWED?
 Quoting: Anonymous Coward 45189860


I do believe we have to borrow 1.2 trillion each year to balance the books.

The interest on the money is a good question! Most of the money borrowed these days is direct from the Fed.
 
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