According to a Google search, “Federal funding accounts for about 10.5% of total public K-12 school funding”
Probably not an amount worth caving over. The current administration will just use this financing threat to continue to blackmail them on other issues.
Cutting just the military budget would get this paid off the fastest. The US spends almost a trillion per year on defense. Cut that in half and dedicate the other half to paying off the debt.
https://usafacts.org/answers/how-much-does-the-us-spend-on-defense/country/united-states/
I’d be interested to know if the US debt is like a mortgage — where if you pay off the principal, that 40 trillion number goes down a lot faster.
I also wonder how much debt the US is owed by other countries. Could we do some debt swaps to pay it down even faster?
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I’m confused. Headline says she’s 115. But she turns 117 tomorrow.