On which of the following items does the federal government spend the most money?
In 2020, the interest on the national debt was $499 billion. This was 4.8 times federal spending on education and 5.8 times federal spending on Food Stamps. In 2020, the national debt reached 134% of the nation's annual economic output, greater than any time in U.S. history. The previous record of 118% stemmed from World War II, the deadliest and most widespread conflict in the history of the world.