Part 12/16:
While Treasury Secretary Scott Besson claims that the federal deficit has decreased by 40% in recent quarters, the reality is that the gap remains disturbingly large, and the US is on a dangerous path. The government’s interest payments in fiscal year 2025 totaled $970 billion, nearly matching total Medicare expenditure and surpassing defense spending. Experts warn that these costs could push annual interest payments over $1 trillion, an unsustainable drain on federal resources.