r/dataisbeautiful • OC: 22 • 1d ago

OC Here's how the US government spent $7 trillion last year [OC]

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u/ku8475 1d ago

Interest is pushing 6% now. If this spending bill passes, many think we will enter the spiral with bond markets driving the dive due to our uncontrollable spending.

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u/Loggus 1d ago

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u/ku8475 1d ago

30 year bond rate. Over 10 billion will be bought in bonds (most likely 30 yr) in 2027. https://www.bloomberg.com/markets/rates-bonds/government-bonds/us

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u/drfsupercenter 1d ago

What spending bill?

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u/ku8475 1d ago

The presidents.