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US debt: Interest rate payments already exceed $100 billion for 2026
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US debt: Interest rate payments already exceed $100 billion for 2026

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Tariffs will bring in $300 billion to $400 billion a year, which would help to pay a fraction of the interest payments of more than $1 trillion in 2025.

Economists may be hopeful that the Treasury would make some New (fiscal) Year’s resolutions: Perhaps either scaling back its borrowing, and the additional interest rates on that debt as a result, or drumming up some meaningful revenue to offset the c... [3965 chars]

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Source: Fortune

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