June 11, 2025

Federal Interest Payments Hit $1.1 Trillion, Projected to Climb Further by 2034

U.S. interest payments hit $1.1T in Q1 2025, marking a record and sharp budgetary rise.Rising rates and $34T debt drive steep increase in federal debt servicing costs.Interest payments could reach $1.7T by 2034, rivaling defense and Medicare …

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