Within 10 Years, Interest And Medicare Will Each Cost $1.6 Trillion A Year

Authored by Mike Shedlock via MishTalk.com,

Fact check true: For the first time in history spending on interest will exceed spending on defense.

Do We Spend More On Interest Than Defense?

Content retrieved from: https://www.zerohedge.com/political/within-10-years-interest-and-medicare-will-each-cost-16-trillion-year.