U.S. payments on debt spike to $659 billion, nearly doubling in two years
The U.S. government spent $659 billion this year paying off the interest on its debt, according to a Treasury report released Friday, as the nation's widening fiscal imbalance and the Federal Reserve's rate hikes dramatically raised the federal cost of borrowing. https://www.yahoo.com/news/u-payments-debt-spike-659-202342513.html
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