Interest is eating 20 cents of every tax dollar
The US ran a ~$2T deficit in FY2026 on $5.4T of revenue. Interest alone topped $1.1T.
That's about 20 cents of every tax dollar going to interest, or roughly $3B a day.
And the 30-year just cleared at 5.618%, the highest since 2000. New debt costs even more.
Sources: @USCBO: The federal budget deficit totaled $2.0 trillion in fiscal year 2026, $218 billion more than in fiscal year 2025 · @BullTheoryio: US spent $7.4 trillion while collecting just $5.4 trillion in revenue, with interest payments alone excee · @elerianm: the US budget deficit climbed to nearly $2 trillion ($1.993 trillion) for the fiscal year ending September 30 · X News: Treasury's $22B 30-year bond auction clears at 5.618%, highest since August 2000
Not financial advice. For informational and educational purposes only.
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