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But we saved everything 🙂.
U.S. government debt service now consumes a significant share of tax revenue. According to Scott Lincicome, for every five dollars the government receives in tax revenue, one dollar is spent servicing the national debt.
This highlights the growing burden of interest costs on public finances as debt levels remain elevated.
Lincicome has previously commented on U.S. energy policy, noting that oil price volatility led the Trump administration to reconsider the Jones Act. In an earlier analysis, he cited data showing that the legalization of share repurchases increased investment by 8.0–9.8 percent among public firms. These observations reflect his broader attention to federal economic decisions and their financial impact.