Interest
Latest
-
Interest Overtakes Kids' Spending
Read moreInterest on the debt is the fastest growing item in the federal budget, and in Fiscal Year (FY) 2023 the federal government will spend more on net...
-
81 Percent of Spending Growth Will Come from Health Care, Social Security, and Interest
Read moreThe Congressional Budget Office (CBO) projects that budget deficits will double from $1.4 trillion in Fiscal Year (FY) 2023 to nearly $2.9 trillion by...
-
Net Interest Will Total $10.5 Trillion Over the Next Decade
Read moreOne of the fastest-growing expenditures over the next decade will be net interest on the national debt, according to the latest projections from the...
-
Net Interest Payments Topped $475 Billion in FY 2022
Read moreOne of the main reasons to be concerned about our high and rising national debt is the growing size of interest payments needed to service it. In...