U.S. spends the largest federal revenue share on debt since early 1990s

The U.S. Treasury data has revealed that the country's net interest payments on debt as a percentage share of federal revenue reached 18.7% in January, only 0.2% below the 1992 ATH of 18.9%. The interest expense hit a record $1.2T over the last 12 months. source: https://www.cryptopolitan.com/u-s-federal-revenue-share-on-debt/