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US federal debt

3 statements across 3 episodes · 0 bullish · 2 bearish · 1 people on the record · first statement Jan 26, 2024 by David Friedberg · across every show →

Everything said about US federal debt, oldest first

Jan 26, 2024 negative
Assertion Partly supported
Friedberg: US federal debt reached $34 trillion from $22 trillion in 2019
“We've seen US federal debt climb from 22 trillion dollars at the end of 2019 to 34 trillion dollars, which is where it sits today.”
David Friedberg Jan 26, 2024 ▶ 8:08 E163: Market rips, Media RIFs, Texas defies Biden, Fintech reckoning, ARkStorm 2.0 & more
Apr 12, 2024 negative
Assertion Partly supported
Friedberg: US debt refinancing will add $210B in annual interest expense
“Yeah, 7.6 trillion is getting refinanced of old debt in the next 12 months. Right, and we're adding. That's 7.6 is sitting around two percent, and now it's going to get bumped up to close to five percent. Which adds an incremental two hundred and ten billion d…”
David Friedberg Apr 12, 2024 ▶ 37:18 E174: Inflation stays hot, AI disclosure bill, Drone warfare, defense startups & more
Jun 29, 2024
Assertion Supported
Friedberg: US federal debt interest costs exceed $1 trillion annually
“The cost to service the interest alone on our federal debt is now greater than a trillion dollars per year.”
David Friedberg Jun 29, 2024 ▶ 33:53 Presidential Debate Reaction, Biden Hot Swap?, Tech unemployment, OpenAI considers for-profit & more
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