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Net Interest Cost Will Double in Five Years, Nearly Triple in Eight

Created on December 4, 2014

Net Interest Cost Will Double in Five Years, Nearly Triple in Eight

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Read the original report, "Federal Spending by the Numbers, 2014: Government Spending Trends in Graphics, Tables, and Key Points," by Romina Boccia.

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Source: Congressional Budget Office, “An Update to the Budget and Economic Outlook: 2014 to 2024,” August 2014, http://www.cbo.gov/publication/45653 (accessed September 17, 2014).

Tags: deficits, entitlements, federal-budget, federal-spending