lets have a rational discussion about us debt, page-21

  1. 14,217 Posts.
    lightbulb Created with Sketch. 123
    this is the government situation

    $490,000m is money raised by rates etc
    $233,000m is raised by income tax etc
    total
    $723,000m

    debt $12,379,000m

    debt is about 17 times revenue
    interest is $45,573m

    interest cover for the government on that debt is 16 times

    pretty safe
 
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