There are NO payments for principle for the national ‘debt’, it’s just interest. Always was since the FED creation.
See the Grace Commission report.
There are NO payments for principle for the national ‘debt’, it’s just interest. Always was since the FED creation.
It's just a way to move taxpayer money endlessly to lenders who kickback a percentage to the politicians who create the need to borrow.
Senators and Congressmen/women don't become multi-millionaires on their government salaries.