Luke Gromen says U.S. spending on interest, entitlements and defense is nearing 120% of federal receipts, highlighting rising fiscal strain. He says the math le

BWB News TV • 2026-08-14 15:16 UTC • By Billy Odell Tucker-Robinson

Luke Gromen says U.S. spending on interest, entitlements and defense is nearing 120% of federal receipts, highlighting rising fiscal strain. He says the math leaves little room for a hawkish policy stance.

Share this article

𝕏 X / Twitter Facebook LinkedIn WhatsApp

📚 More from Billy’s World

📰 Banking With Billy News All breaking financial news & market analysis 📚 Banking With Billy Books Deep-dive books on every financial story 💬 Join the Community discord.gg/VHxwmR5j4Y 🎥 Banking With Billy on YouTube Live streams & market commentary

Banking With Billy News Network — bankingwithbilly.com
Discord: discord.gg/VHxwmR5j4Y • YouTube: @BankingWithBilly