Interest on the $38.8 trillion national debt has tripled since 2020, topping defense and Medicaid
The United States is now paying nearly $970 billion a year just to service the interest on its $38.8 trillion national debt — a figure that has nearly tripled since 2020 and already exceeds what the federal government spends on national defense or Medicaid, according to a February analysis by the Committee for a Responsible…
