U.S. Government Spends Over $1 Trillion on Interest Payments in 2024 Amid Surging National Debt

For the first time in U.S. history, the government has spent over $1 trillion on interest payments, according to a report by Jeff Cox for CNBC that was published on 12 September 2024. This historic figure comes from the Treasury Department’s latest data, which shows that the government has spent $1.049 trillion servicing its $35.3 […] source: https://www.cryptoglobe.com/latest/2024/09/u-s-government-spends-over-1-trillion-on-interest-payments-in-2024-amid-surging-national-debt/