🇺🇸 Elon Musk warns: Interest payments are "cleaning out" the US budget.
25% of the US government's budget revenue is being used just to pay interest. If the current situation of enormous deficit spending continues, then in the near future the budget will no longer be sufficient for any other expenses, including social security, healthcare, or defense; everything will be cut, leaving only money to pay interest.
PS. There is only one person who controls interest rates, and that person is not the President of the United States.