Interest Costs on the National Debt Are Reaching All-Time Highs
The most recent projections from the Congressional Budget Office (CBO) confirm once again that America’s fiscal outlook is on an unsustainable path — increasingly driven by higher interest costs. Growing debt, in addition to the rise in interest rates over the past couple of years, has significantly increased the cost of federal borrowing. In 2025, interest costs on the national debt totaled $970 billion — surpassing most other components of the federal budget. Follow link to read more from The Peter G. Peterson Foundation. https://bit.ly/4tCtMN9