US Debt Interest Bill Rockets Past a Cool $1 Trillion a Year
Estimated annualized interest payments on the US government debt pile climbed past $1 trillion at the end of last month, Bloomberg analysis shows.
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Estimated annualized interest payments on the US government debt pile climbed past $1 trillion at the end of last month, Bloomberg analysis shows.
It is the equivalent of 15.9 percent of the Federal budget for fiscal year 2022. | Economy
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