July 5

1:11 AM Here's what i figured on my way back from Lucky Eagle.

If US national debt is 39 trillion and debt is mostly treasury notes, bills and bonds, what is the interest payed by US on that debt? 4.5% of 39 is roughly 1.75 trillion, not 1 trillion as google says.

But it's not only the interest. When they mature, these notes need to by bought back but the government. My head is spinning. Total US budget is roughly 7 trillion as of right now. Maybe this is the mystery as were 1 trillion missing from Medicare goes.