Interest

Budget deficits are projected to grow from $1.7 trillion in Fiscal Year (FY) 2023 to $2.6 trillion by 2034 according to the Congressional Budget...

Interest on the debt is the fastest growing part of the budget. Net interest payments will exceed both defense and Medicare spending this year, in...

According to final data from the Treasury Department, net interest costs reached $659 billion (2.5 percent of GDP) in fiscal year 2023, a $184 billion...

Interest rates continue to surge, hitting new post-financial crisis records. Over the past month, yields on the ten-year Treasury note have risen more...

Federal interest spending is on track to nearly double between 2020 and 2023 and projected to double again by 2032, due to rising interest rates and a...

Interest rates are on the rise, with daily Treasury yields up in nearly every maturity since the beginning of August. This piece takes a closer look...

According to the Congressional Budget Office’s (CBO) long-term baseline, federal spending as a percentage of Gross Domestic Product (GDP) will grow to...

Interest 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...

The 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...

One of the fastest-growing expenditures over the next decade will be net interest on the national debt, according to the latest projections from the...

One 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...