SUBSCRIBE
  • Home
  • About Us
    • Contact
No Result
View All Result
Discern Report
Discern Report
  • Home
  • About Us
    • Contact
No Result
View All Result
Discern Report
No Result
View All Result
Home Type Curated

House Budget Committee Chairman Calls Federal Interest Costs ‘A Ticking Time Bomb’

by Just The News
February 3, 2025
in Curated, Opinions
House Budget Committee chairman calls federal interest costs 'a ticking time bomb'
Retarded? Apparently, many on the “woke right” have gone full-retard with their anti-MAGA rhetoric. For REAL news, opinions, and videos that aren’t retarded, check out the fastest growing conservative and Christian news aggregator!

(Just The News)—A top Republican budget hawk called growing federal interest costs “a ticking time bomb that must be defused.”

U.S. Rep. Jodey Arrington, R-Texas, chairman of the House Budget Committee, blamed former President Joe Biden’s administration for a bleak milestone last year when the U.S. spent more on interest costs than it did on defense.

Buy physical precious metals before the next gold and silver surge. Don’t buy numismatics! Buy pure bullion instead. Whether with cash or retirement funds, learn how we can help you prepare for financial turbulence ahead.

“Interest spending nearly tripled during Mr. Biden’s term. This is a disastrous result of his reckless spending spree, which ballooned the debt, triggered rampant inflation and increased borrowing costs for consumers and businesses,” Arrington wrote in an op-ed published by the Wall Street Journal. “As Republicans prepare to turn the page and execute President Trump’s America-first agenda, surging interest costs represent a ticking time bomb that must be defused.”

Carrying debt will only increase costs for U.S. taxpayers going forward, Arrington said.

“A major culprit is America’s untenable long-term debt,” he said. “As the debt grows, Washington must borrow more money to finance it. Investors, looking to mitigate risk amid such profligate federal spending, demand higher returns on U.S. Treasurys. This leads to compounding interest payments and even more borrowing and debt.”

U.S. interest spending is expected to increase in the coming years. In March 2024, the Congressional Budget Office projected “interest costs more than double in relation to GDP between 2024 and 2054, driven by rising interest rates and growing debt.”

The CBO’s most recent report estimated that public debt will rise from nearly $29 trillion to $52 trillion by 2035. That 2035 estimate is about 118% of U.S. gross domestic product, a measure of economic output. By 2029, debt as percentage of GDP will exceed the prior record set just after World War II in 1946.

Arrington noted that in 2024 “net interest costs accounted for 18% of federal revenue, and nearly half of every dollar we borrowed went to finance the debt.”

“This trend is continuing: By 2035 interest payments will suck up almost a quarter of federal revenues, and about two-thirds of every dollar borrowed will go to finance the debt,” he wrote. “Left unchecked, these payments are on track to become the single largest item in the federal budget by 2051, crowding out private investment and national priorities like infrastructure and national defense.

“True fiscal discipline is the only path forward,” he added.

Arrington said that’s exactly what President Donald Trump brings to the White House.

“Under his leadership, by cutting spending and controlling the national debt, the U.S. can launch an era of unparalleled strength and prosperity,” Arrington wrote.

During the 2024 campaign, the Tax Foundation said Trump’s policies could lead to more debt.

“Overall, Trump’s policies would reduce distortions in one part of the tax system, namely income taxes, only to replace them with new distortions in another part of the tax system, namely tariffs,” according to the Tax Foundation analysis. “The combination of policies under consideration risks shrinking the economy and growing the debt.”

Advisor Bullion Gold Surge

The Committee for A Responsible Federal Budget projected Trump’s campaign promises could increase the debt by $7.50 trillion through 2035.

Trump has promised a more efficient government with his Department of Government Efficiency, led by Tesla CEO Elon Musk. Trump used his inauguration to underscore his plans to move away from taxing Americans in favor of tariffs on imports from other countries.

“I will immediately begin the overhaul of our trade system to protect American workers and families,” the 47th president said during his speech. “Instead of taxing our citizens to enrich other countries, we will tariff and tax foreign countries to enrich our citizens.”

Trump promised to cut “hundreds of billions” in federal spending this year.

Show Fastest Growing




Starting the Day With a Scripture-Inspired Roast Helps Center Your Thoughts on Eternal Truths Amid Temporal Pressures

The world can seem chaotic, especially right after we wake up. Many believers start their mornings reaching for something familiar — a hot cup of coffee — yet end up settling for mediocre brews that do little more than deliver a caffeine jolt. The daily grind of life, with its endless distractions, news cycles, and responsibilities, can leave even the most faithful feeling spiritually parched alongside their physical fatigue. What if your morning ritual could do more than wake you up? What if it could ground you in truth, nourish your body with exceptional quality, and quietly advance a kingdom purpose at the same time?

That’s the promise — and the reality — behind Promised Grounds Coffee. This Christian-founded company doesn’t just roast beans; it approaches every step as an act of worship and discipleship. By selecting only the top 10% of specialty-grade beans, ethically sourced from dedicated farmers in Central and South America, and small-batch roasting them with reverence in Austin, Texas, Promised Grounds delivers what many describe as the best coffee available — never burnt, never bland, but rich with origin stories and layered flavors that honor God’s creation.

From the vibrant Psalm 27 Roast (a light, bright medium option) to the bold yet peaceful 2 Timothy 1:7 Decaf, each bag carries a Scripture verse that turns your daily pour into a gentle reminder of faith. And through their Ounce Per Ounce Promise, every ounce of coffee you enjoy provides an equal ounce of clean water to families in need via partnership with Filter of Hope — literally brewing hope for body and soul, one cup at a time.

The challenge for today’s Christians runs deeper than finding a decent cup. In an age of convenience-driven consumerism, it’s easy to support companies that dilute values or remain silent on matters of faith. Many believers want their everyday choices — from what they drink to how they spend — to reflect discipleship rather than just convenience. Promised Grounds solves this by weaving Christian excellence into the entire process: beans nurtured with prayerful stewardship by farming families, roasted as an offering rather than a commodity, and packaged with Bible verses to encourage a mindset of gratitude and purpose from the first sip. Reviewers consistently praise the smooth, rich profiles — whether enjoyed black in a drip maker, iced on a warm day, or shared in fellowship — noting how the quality stands toe-to-toe with premium secular brands while delivering something far more meaningful.

This integration of faith and flavor addresses a real need in Christian households and ministries. Busy parents, church leaders, and remote workers alike report that starting the day with a Scripture-inspired roast helps center their thoughts on eternal truths amid temporal pressures. The coffee’s exceptional character — bright citrus notes in lighter roasts or deep chocolate undertones in bolder ones — comes from meticulous selection and careful roasting that respects the bean’s natural gifts rather than masking them. It’s the kind of coffee that elevates a simple quiet time, fuels productive workdays, or sparks meaningful conversations when shared at Bible studies or outreach events. And because it’s ethically sourced with integrity, every purchase supports sustainable livelihoods for farmers who treat their crops like family harvests.

For those leading churches or small groups, the impact multiplies. Promised Grounds offers bundles and options perfect for hospitality ministries, turning ordinary coffee service into an opportunity to point people toward the living water of Christ. Imagine greeting visitors with a warm cup whose very bag carries God’s Word — a subtle yet powerful witness that aligns with the Great Commission. The company’s Texas roots and commitment to “brewing hope” resonate especially with believers who value American enterprise paired with global compassion.

Of course, quality alone isn’t enough if the experience feels out of reach. Promised Grounds keeps it accessible with practical perks like free shipping on orders over $40, sample sets for discovering favorites, and thoughtful add-ons such as faith-themed mugs. Whether you prefer whole beans for fresh grinding, grounds for convenience, or even bulk options for larger households and ministries, the result is consistently superior coffee that makes discipleship feel integrated rather than added on.

As you consider how to align even the smallest habits with your walk with God, Promised Grounds Coffee stands out as a refreshing solution. It tackles the dual problems of subpar daily sustenance and disconnected consumption by offering a product that genuinely excels in taste while advancing a mission of clean water, farmer dignity, and scriptural encouragement. Believers who make the switch often describe it as more than a beverage upgrade — it becomes part of their rhythm of gratitude, a daily invitation to remember that every good gift comes from above.

If you’re ready to transform your mornings (and perhaps your church gatherings) with coffee that honors both exceptional craftsmanship and Christian values, I encourage you to explore what Promised Grounds has to offer. One sip at a time, you’ll be nourishing your body, refreshing your spirit, and participating in something far greater — all while enjoying what truly is among the best coffee available.

Tags: EconomyFederal ReserveInterest RatesJust The NewsLedeThe Center SquareTop Story
Next Post
Microplastics Linked to Higher Preterm Birth Risk, Scientists Warn.

Microplastics Linked to Higher Preterm Birth Risk, Scientists Warn

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

  • About Us
  • America First Newsletter
  • Contact
  • Home
  • Integrating With Augusta Precious Metals
  • Newsletter
  • Privacy Policy
Site Operated By JD Rucker.

© 2023 America First Report.

No Result
View All Result
  • Home
  • Original
  • Curated
  • Aggregated
  • News
  • Opinions
  • Videos
  • Podcasts
  • About Us
  • Contact
  • Privacy Policy

© 2023 America First Report.