May 13, 2018 ... “By 2022, just the interest payment on our debt will be greater than the defense of  our country,” Manchin said. Is Manchin right? We found that ...
By 2022, just the interest payment on our debt will be greater than the defense of  our country. — Politifact National on Thursday, May 10th, 2018. Mostly True.
Sep 25, 2018 ... Interest payments on the federal debt could surpass the Defense ... Within a  decade, more than $900 billion in interest payments will be due ... Annual interest  payments on the national debt are expected to triple over the ... “The issue has  just disappeared,” said Senator Mark Warner, a Virginia Democrat.
Apr 9, 2018 ... As a result, federal debt is projected to be on a steadily rising ... That amount is  far greater than the debt in any year since just after ... funding for defense and  nondefense discretionary programs in 2020 ... But during the 2020–2026 period,  a number of factors dampen economic growth: higher interest rates ...
Mar 2, 2018 ... Federal debt poised to reach levels not seen since World War II, new report  warns. ... deficits returning in 2022 and projected a $1.5 trillion deficit by 2028. ...  That is within 5 percentage points of the record set in 1946, just after World ...  mean the country will be spending more on interest than on defense or ...
By 2022, just the interest payment on our debt will be greater than the defense of our country.