The Monthly Statement of the Treasury for September (https://www.fiscal.treasury.gov/files/reports-statements/mts/mts0924.pdf) came out yesterday after the markets closed. For September, a rare $64 billion surplus. And for the entire fiscal year? A deficit of $1.83 trillion. Spending on ‘net interest’ was the third largest line item for the fiscal year.  That's a debt trap.

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