.26 on every dollar we send to Washington DC in taxes is used to just pay the interest cost of servicing our debt

Sept. 2026 — U.S. debt crosses $40 trillion for the first time
https://www.reuters.com/world/us/us-debt-crosses-40-trillion-threshold-after-doubling-under-trump-and-biden-2026-08-19/

The debt has now crossed the $40 trillion line, while interest costs are rising alongside it.

Sept. 2026 — Interest costs have passed $1 trillion
https://www.pgpf.org/programs-and-projects/fiscal-policy/monthly-interest-tracker-national-debt/

Treasury data through August show annual interest costs above $1 trillion for the first time.

Sept. 2026 — Federal deficit reaches roughly $2 trillion before FY2026 ends
https://www.americanactionforum.org/insight/debt-and-deficit-lack-of-progress-report-august-2026/

The deficit had reached about $2 trillion through the first 11 months of fiscal 2026.

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