In exclusive interviews with Fortune, Wharton’s Joao Gomes and AEI’s Desmond Lachman warned that while tariffs may slow debt growth, they won’t meaningfully reduce it.
Because Donald Trump thinks we’re all dumb, he will say anything. He’s trying to downplay his ass kissing session with Vladimir Putin, and now, he’s lying again about those damned tariffs. Fortune mag...
We're not.
According to the data Fortune reviewed, accrued interest in Treasury notes in July alone was $38.1 billion.
Adding to that are $13.9 billion in interest on Treasury bonds, $2.85 billion on Treasury Floating Notes, & $6.1 billion in Treasury Inflation-Protected Securities assets.
