The Interest Expense on US Public Debt rose to $716 billion over the past year, a record high. At the current pace it will soon be the largest line item in the Federal budget, surpassing Social Security.

The Interest Expense on US Public Debt rose to $716 billion over the past year, a record high. At the current pace it will soon be the largest line item in the Federal budget, surpassing Social Security. pic.twitter.com/2U2vsSb4Ps

— Charlie Bilello (@charliebilello) September 20, 2022