Interest Payments Top Defense Spending For First Time In History - Thank You Kamala

Kamala Harris claimed she wouldn't have done anything differently than President Biden during the past four years. However, a recent Treasury Department report reveals the impact of their decisions, which should cost her the election. The report shows the federal deficit reached $1.8 trillion in 2024, the third highest in history. Despite revenues increasing by nearly half a trillion dollars, spending climbed by $617 billion, a 10% increase. The report also reveals a 35% jump in interest payments on the national debt, reaching $882 billion, which exceeds defense spending for the first time in US history. This marks a significant shift, with the government spending more on interest than on national defense. The massive increase in interest costs is attributed to Harris' tie-breaking votes, which added trillions in new spending, sparking inflation and higher interest rates. According to the Congressional Budget Office, interest payments would have been only $284 billion if Biden hadn't spent excessively, making Harris and Biden responsible for a 210% increase in interest costs. If elected president, Harris plans to continue adding trillions of dollars of inflationary spending, imposing tax hikes, and piling on regulations. The editorial board argues that it's time to turn the page and change course before it's too late.