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U.S. Debt Interest Payments Hit $3 Billion a Day as Deficit Widens to $1.99 Trillion

Federal interest costs rose 8% in fiscal 2026 to $1.05 trillion, outpacing growth in spending, revenue and GDP, as the budget deficit climbed 12% to $1.99 trillion.

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Federal interest costs rose 8% in fiscal 2026 to $1.05 trillion, outpacing growth in spending, revenue and GDP, as the budget deficit climbed 12% to $1.99 trillion.

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