US federal budget crosses grim milestone as interest payments overtake defense spending

Interest on the United States's national debt is on course to eclipse even the biggest proponent of the federal budget: defense spending which will amount to $900 billion this year.
Yahoo Finance Senior Columnist Rick Newman sits down with Market Domination to break down this frightening figure as it becomes one of the top three biggest challenges to balancing the national budget.
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Видео US federal budget crosses grim milestone as interest payments overtake defense spending канала Yahoo Finance