Debt ceiling impasse: Fed rate hikes are already forcing US to spend record amounts on interest payments – and it’s going to keep getting worse

Debt ceiling impasse: Fed rate hikes are already forcing US to spend record amounts on interest payments – and it’s going to keep getting worse Putting your money where his mouth is. DNY59/E+ via Getty Images   By Gerald P. Dwyer, Clemson University Consumers and businesses aren’t the only ones feeling the pain of higher borrowing […] Source