Interest on The National Debt Over $1 Trillion This Fiscal Year

Total gross interest payments on the national debt have already surpassed $1 trillion this fiscal year.

For comparison, interest costs were $811 billion through the first 11 months of FY23.

We simply can’t afford to keep going down this reckless fiscal path. pic.twitter.com/yVy7QeFJQr

— Joint Economic Committee Republicans (@JECRepublicans) September 10, 2024