Read: https://www.zerohedge.com/personal-finance/interest-payments-treasury-debt-29-yoy
Interest payments on the national debt during the current fiscal year (October to February) are up 29 percent y/y, one of the fastest-growing expenditure components of the Federal budget.
Interest payments were $238 billion from Oct 2021 to Feb 2022, and they are now $307 billion from Oct 2022 to Feb 2023. (These are gross payments instead of net payments).
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