Senator John Cornyn

@JohnCornyn ↗

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Last Checked Dec. 24, 2022

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Mon Dec 12 19:59:17 +0000 2022

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Senator John Cornyn @JohnCornyn

The Treasury Department reported that interest paid on public debt amounted to $103 billion over the past two months. That marks an 87% jump over October and November of last year. — PolitiTweet.org

Posted Dec. 12, 2022

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Senator John Cornyn @JohnCornyn

The federal government’s debt interest costs surged in the first two months of the fiscal year, a shift that’s likely to get increasing political attention in Washington. @BGOV — PolitiTweet.org

Posted Dec. 12, 2022

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Senator John Cornyn @JohnCornyn

It’s a taste of what lies ahead after the Federal Reserve hiked its benchmark rate by nearly 4 percentage points this year and is expected to lift it close to 5% in 2023, a Bloomberg survey found. — PolitiTweet.org

Posted Dec. 12, 2022