Interest Payments on National Debt to Top $1 Trillion a Year

The interest payments on the national debt are an astronomical $1 TRILLION a year. Think about that for a second, we are now spending $1 trillion a year just on the interest payment alone which does not go towards paying off the actual principle on the debt. In other words, we’re screwed.

Independent News Articles

~ As Debt Rises, Interest Costs Could Top $1 Trillion – Committee for a Responsible Federal Budget

~ By 2025, U.S. Interest Payments on the National Debt Will Pass the Defense Budget – The National Interest

~ Debt Interest Payments Will Consume Trillions of Dollars in Coming Years – Foundation for Economic Education

~ Government – Interest Expense on the Debt Outstanding – Treasury Direct

~ Higher National Debt Means Higher Interest Rates for the Federal Government – Peter G. Peterson Foundation

~ Interest on the National Debt and How it Affects You – The Balance

~ Interest of One Trillion Dollars a Year on National Debt in the Cards – Business 2 Community

~ Interest Spending Is On Course to Quadruple – Committee for a Responsible Federal Budget

~ What Is the National Debt Costing Us? Peter G. Peterson Foundation

~ When You Owe $20 Trillion, It’s The Interest That’ll Kill You – The Daily Bail

Mainstream News Articles