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But we saved everything 🙂.
Jeremy Horpedahl reports that with one month remaining in the fiscal year, net interest payments by the U.S. government have exceeded $1 trillion. He also states that the federal budget deficit is approaching $2 trillion.
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Horpedahl has previously compared long-term investment returns, noting that a $25,000 investment in the S&P 500 in 1971 would now be valued at $8.5 million, outperforming gold and real estate here. In a separate report, he explained that homeowners often see lower property taxes after paying off their mortgages here. His recent updates continue a focus on financial milestones and household economics.