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BREAKING: Interest payments on US debt declined by -$13.5 billion in Q1 2025, to an annualized $1.11 trillion, the lowest since Q2 2024.
This marks the first quarterly decline in interest payments since 2020.
However, interest expense on national debt is still TWICE as high as
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BREAKING: Interest payments on US debt declined by -$13.5 billion in Q1 2025, to an annualized $1.11 trillion, the lowest since Q2 2024.
This marks the first quarterly decline in interest payments since 2020.
However, interest expense on national debt is still TWICE as high as it was 5 years ago.
Currently, the government spends over $3 billion per day on interest.
As a % of GDP, interest payments reached 3.7%, and currently stands just below 1980s-1990s levels.
Reducing US debt must remain a top priority.
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