Over the next decade, the U.S. Treasury will spend $20 trillion in interest on the national debt—$200 billion a month by 2036

As the largest economy on earth, the U.S. government can afford to borrow staggering amounts of money without lenders batting an eyelid. However, projections for the Treasury’s revenues versus its expected spending over the next decade would give even the most optimistic budget doves pause. The Congressional Budget Office (CBO) this week released its projections of federal receipts and expenditures in the national income for 2026-2036. Economists are used to seeing eye-watering figures when it comes to the U.S.

Source: Fortune Crypto