The US government now spends ~23 cents of every Dollar of revenue on interest expense, near the highest level this century.

For you rookies out there: Warren Buffett expects to get paid since he's lending money to the U.S. government. You might say that Warren deserves a bigger say on how the federal government is run because he's a really big lender. Sadly, that's reality of democracies that don't balance their budget year after year.

Shocking stat of the day:

The US government now spends ~23 cents of every Dollar of revenue on interest expense, near the highest level this century.

This comes as interest expenditures exceeded $1.2 TRILLION over the last 12 months for the first time.

Interest costs have… pic.twitter.com/CsXDEX7FRR

— The Kobeissi Letter (@KobeissiLetter) October 26, 2025