Question of the Day

Is the interest on the national debt higher or lower than federal corporate income tax revenues?

Correct Answer

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In 2018, the interest on the national debt was $521 billion. This is 3.5 times higher than the $147 billion collected in federal corporate income taxes. The interest on the national debt is also 7.6 times higher than the $68.5 billion spent on Food Stamps.

DocumentationNational Debt Interest Corporate Income Taxes