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Take Fitch#39;s downgrade of the US seriously, not literally

The Treasury is on track to spend almost $1 trillion on interest payments alone in fiscal 2023, compared with less than $600 billion before the pandemic and around $425 billion in 2011 when SP lowered its rating for the US from AAA to AA

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​ The Treasury is on track to spend almost $1 trillion on interest payments alone in fiscal 2023, compared with less than $600 billion before the pandemic and around $425 billion in 2011 when SP lowered its rating for the US from AAA to AA The Treasury is on track to spend almost $1 trillion on interest payments alone in fiscal 2023, compared with less than $600 billion before the pandemic and around $425 billion in 2011 when SP lowered its rating for the US from AAA to AA  Moneycontrol Latest News Read More  

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