#interest-payments
#interest-payments
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#fiscal-policy #us-national-debt #national-debt #federal-debt #federal-deficit #tariffs #budget-crisis
Retirement
fromFortune
2 weeks agoInterest on the $38.8 trillion national debt has tripled since 2020 and it already costs taxpayers more than defense and Medicaid | Fortune
U.S. interest payments on national debt reached $970 billion annually in 2025, nearly tripling since 2020 and exceeding defense and Medicaid spending, with projections to double again by 2036.
fromFortune
1 month agoAmerica's national debt borrowing binge means interest payments will rocket to $2 trillion a year by 2036, CBO says | Fortune
The White House of 2036 will have a mammoth task on its hands: It will need to rustle up more than $2 trillion a year to pay the interest on its national debt burden, approximately 5% of the nation's entire economy. According to the latest projections from the Congressional Budget Office (CBO), the U.S. government will continue to run a sizeable and growing deficit over the next decade.
US politics
fromBusiness Matters
9 months agoReform UK clashes with Bank of England over interest payments to lenders
At the heart of the row is the legacy of quantitative easing (QE) - the Bank's £895 billion bond-buying programme launched during the global financial crisis and expanded in response to the pandemic.
UK politics
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