Watchdog Warns Of National Debt Interest Payments Hitting $1 Trillion

By Thérèse Boudreaux | The Center Square(Worthy News) – Budget watchdogs are sounding the alarm as the U.S. hit an unfortunate fiscal milestone in fiscal year 2025: government spending on debt interest payments alone topped $1 trillion this year.The federal government added roughly $1.8 trillion to the now $38 trillion national debt in fiscal year 2025. While net interest on the debt totaled $970 billion, according to the Congressional Budget Office, the federal government’s net interest p