Interest on the National Debt Just Hit a Record $1.36 Trillion
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The post Interest on the National Debt Just Hit a Record $1.36 Trillion appeared first on 24/7 Wall St..
Treasury’s full-year count for fiscal 2026, released October 16, 2026, shows a record $1.36 trillion in debt-service spending for the year ended September 30, 2026.
That figure is gross, so it includes interest credited to federal trust funds such as Social Security. In other words, part of it is money the government pays itself. The Committee for a Responsible Federal Budget puts net i
Treasury’s full-year count for fiscal 2026, released October 16, 2026, shows a record $1.36 trillion in debt-service spending for the year ended September 30, 2026.
That figure is gross, so it includes interest credited to federal trust funds such as Social Security. In other words, part of it is money the government pays itself. The Committee for a Responsible Federal Budget puts net i
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