The following chart shows the percentage of federal outlays devoted to paying interest.
Click to enlarge.
The government would love to pay savers more interest, but it's got an economy to hobble along.
Source Data:
St. Louis Fed: Custom Chart
Thursday: GDP, Unemployment Claims, Pending Home Sales
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[image: Mortgage Rates] Note: Mortgage rates are from MortgageNewsDaily.com
and are for top tier scenarios.
Thursday:
• At 8:30 AM ET, *Gross Domestic Prod...
12 hours ago
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