A doubling of interest charges in 18 months

Swampers pay the ten year rate, it has doubled. Every new dollar borroe pays for the previous period interest charge, none of going toward new investment.  This is why congress went on that two and three week funding cycle, they cannot budget util they see the interest charges, so they have to budget frequently, checking interest charges along the way.  The two year budget will require the fed to help, Powell has the do or regime change moment.