The consequences extend beyond accounting. As interest costs swell, they crowd out virtually every other national priority. The CRFB projects that rising interest costs will account for 28% of all nominal spending growth over the next decade and 120% of all spending growth as a share of GDP, meaning other programs will effectively shrink in relative terms just to make room.
In a case filed Feb. 13, the electric vehicle giant claims that the department "wrongfully and baselessly” labeled Tesla a “false advertiser,” and argues that the department did not effectively prove that customers had been led to believe the vehicles could be operated without human oversight.
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How to watch: The first three episodes of Paradise Season 2 are now streaming on Hulu, with a new episode every Monday.