2024-09-14
Interest payments on the national debt top $1 trillion as deficit swells
A view shows a bronze seal beside a door at the U.S. Treasury building in Washington, U.S., January 20, 2023. Kevin Lamarque | Reuters The U.S. government for the first time has spent more than $1 trillion this year on interest payments for its $35.3 trillion national debt, the Treasury Department reported Thursday. With the Federal Reserve holding benchmark…
