National Debt Interest
In 2024, what portion of all federal revenues were used to fund the interest on the national debt?
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In 2024, the interest on the national debt was $1.2 trillion, or 22% of all federal revenues. This is equal to $8,723 for every household in the U.S., 2.4 times federal corporate income tax revenues, and 10.8 times federal spending on the Supplemental Nutrition Assistance Program (aka, Food Stamps).
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