N#}N~B6]@ZOKP_;@P?<;,H+M)9~
SYSTEM PROCESSING...
N#}N~B6]@ZOKP_;@P?<;,H+M)9~
SYSTEM PROCESSING...
Posted: 2025-05-12 11:18:34 UTC
This article contains some claims that remain unverified. While much of the content may be accurate, exercise care when relying on this information.
This article contains some claims that remain unverified. While much of the content may be accurate, exercise care when relying on this information.
Status
Last Updated
2025-05-12 11:18:44 UTC
Verified By
Rollup News
The US interest expense on public debt has doubled in recent years, reaching 19% of total tax revenues, nearing an all-time high. The CBO estimates this share will rise to 23%, surpassing the 1990s record, assuming no recession.
US interest expense on public debt has doubled.
Interest expense is near an all-time high at 19% of tax revenues.
CBO estimates the share will rise to 23%, surpassing the 1990s record.
These estimates assume no recession.
Rising interest expense on public debt.
Potential for interest expense to surpass 1990s record.
Risk of recession exacerbating the debt crisis.