What would you do with $3 Billion/day, if it wasn't paying interest on our debt?

[TEOTWAWKI inc.]

That's just the interest.

Unreal.

This country is toast.

Oh, and I'd likely use it to "throw off such government", and end the fed.

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

“If the Fed cuts interest rates by 1%-point and the entire yield curve declines by 1%-point, then daily interest expenses will decline from $3 billion per day to $2.5 billion per day.”

finance.yahoo.com

 

[GOPerfect]

Not that I am in disagreement to this figure.... No one really knows how much interest is being paid. Much of the debt, is owed to the people and to different govt agencies.

It is like taking a $5 dollar bill out of one pocket and putting it in the other.

Either way, yes, we are screwed

 

[Apeman]

Anyone with half a brain would use it to help Americans. Unfortunately our leaders are brainless so they'll just send more money overseas or waste it on illegals.

Just think how much lower our cost of living would be if our government took care of Americans instead of others. We could have actually affordable health care too.

 

[dwa12479]

And then the .gov will have the nerve to tell us that some Americans are not paying their fair share and need to contribute more. The people that got us $35 Trillion in debt think the answer is to give them more of our $ to squander. We could all pay a 90% income tax, and treasury would still be running deficits.

It'd be like me convincing my boss to give me a raise because I can't pay my mortgage. He does, and next week I roll in to work in a brand new truck and a rolex on my wrist and try to convince him to give me another raise because I can't pay my mortgage still.

 

[FRANKIE]

Back to the original question,
I’d have think about what I would do with it in total.
But I’m damn sure what I wouldn’t do with it.
I can assure you every able bodied Mother F@@ker would be going to work every morning and paying their fare share of bullshit deductions.
All the way till retirement.

 

[Catskillkid]

What would I do with $3 billion? Probably two chicks at the same time. With inflation I imagine that's what it would take to double up on a guy like me.

 

[Saltwater60]

Just raise taxes on the rich she said and it will be fine. Can we afford her or even Trump? We need someone to truly reign in this spending if that will ever occur.

 

[TEOTWAWKI inc.]

It's about $4.29 billion per day now in gross interest.

We should not elect any person, to any office, that is not committed to fixing this.

 

[Podmonkey]

For 3 bil I would buy a small island and pretend I was tge last human on earth

 

[S&W Fan]

Have we EVER had a fiscally responsible government ? Nope, and probably Never will.

 

[TEOTWAWKI inc.]

Something needs to be done about this.

To keep a closer eye on it, I think I'm going to build a dashboard to monitor all the key indicators individually, with an aggregate risk rating, and a few alerts. Maybe I can do that with Power BI.

 

[OwnTheRide]

Have we EVER had a fiscally responsible government ? Nope, and probably Never will.

In 1835, Andrew Jackson briefly brought our debt down to $0, through land sales and budget cuts.

But not since then.

 

[holdover]

What would I do with $3 billion? Probably two chicks at the same time. With inflation I imagine that's what it would take to double up on a guy like me.

Oh you fucker, I was gonna post that !