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