https://fred.stlouisfed.org/series/FYOIGDA188S
As you can see from the chart, federal government spending on interest payments has increased significantly over time. This is largely due to the increasing national debt, which means that more and more money must be spent on interest payments each year. As a result, this places a significant burden on taxpayers and contributes to our country’s overall fiscal problems.
h/t DesmondMilesDant
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