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10-year Treasury yield climbs above 5.3% to a level not seen in 24 years

122 points · 193 comments · kaycebasques

  1. missedthecue · · focus · HN ↗
    In 2026, entitlement spending + interest expense will be over 100% of federal tax revenue.

    That's before the military, foreign aid, and everything that starts with "Department of"

    1. digitaltrees · · focus · HN ↗
      Entitlement spending has its own tax base though doesn't it? We could just raise taxes right?
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