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If the cost of interest on the national debt were evenly spread across every household in the United States, how much would this cost each household?

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In 2018, the interest on the national debt was $521 billion, or $4,085 for every household in the United States. Measured as a portion of federal revenues, interest on the national debt is currently low compared to previous decades, because the average interest rate is much lower than historical norms. However, the Congressional Budget Office "anticipates that those payments will increase considerably as interest rates return to more typical levels."

DocumentationInterest on the National DebtInterest Rate Drivers




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