John, a U.S. taxpayer, buys $5,000 in U.S. savings bonds. When he collects interest on the bonds, who ultimately pays the interest?

Name: John, a U.S. taxpayer, buys $5,000 in U.S. savings bonds. When he collects interest on the bonds, who ultimately pays the interest?
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Question

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When John collects interest on the U.S. savings bonds, the U.S. government ultimately pays the interest. The government funds this payment through tax revenue, meaning other taxpayers like John contribute to the payment.

John, a US