> Another ~$0.5 trillion is from higher interest payments. A large fraction of the budget consists of wages and actual spending. Inflation is 25–30% since 2020.

If we account for only these two things, it is catastrophic.

1. Interest on the debt when we don’t have a balanced budget to stop growing that debt will spiral out of control.

2. When any part of that spending which is creating inflation already must then increase to pay for the inflation that it is causing, we are circling the drain. That is a death spiral.

We need extreme, Javier Milei level cuts to the federal government.