Tag: federal spending

Capital and Risk, Macroeconomic

Gov’t Will Pay $640 Billion in Net Interest on Federal Debt This Year

March 28, 2023


As federal spending continues to rise, accumulated federal debt will soon reach all‐​time highs relative to the size of the economy. Federal debt held by the public will hit 107 percent of gross domestic product (GDP) in 2028, surpassing the […]