Federal Budget in Pictures

Heritage Foundation

Net Interest Margin to Double Debt Expense Over Next Decade

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As the publicly held debt grows, net interest payments will increase dramatically, even assuming that interest rates remain low. Under current projections, real net interest costs would more than double over the next decade.

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INFLATION-ADJUSTED DOLLARS (2012)

Net Interest Margin to Double Debt Expense Over Next Decade

Sources: Congressional Budget Office and Office of Management and Budget.