Tuesday, November 8, 2011

Interest costs up 17%

"Net Interest: Spending for net interest on the public debt rose by $38 billion, or almost 17 percent, in 2011, primarily because of growth in that debt over the past year."
-- http://cboblog.cbo.gov/?p=2998

This was after a 13% increase in 2010.

No comments:

Post a Comment