{"id":68202,"date":"2023-11-07T08:53:33","date_gmt":"2023-11-07T16:53:33","guid":{"rendered":"https:\/\/www.cryptogon.com\/?p=68202"},"modified":"2023-11-07T08:53:33","modified_gmt":"2023-11-07T16:53:33","slug":"u-s-debt-interest-bill-rockets-past-1-trillion-a-year","status":"publish","type":"post","link":"https:\/\/www.cryptogon.com\/?p=68202","title":{"rendered":"U.S. Debt Interest Bill Rockets Past $1 Trillion a Year"},"content":{"rendered":"<p>Via: <a href=\"https:\/\/finance.yahoo.com\/news\/us-debt-bill-rockets-past-065031377.html\">Bloomberg<\/a>:<\/p>\n<p><em>Estimated annualized interest payments on the US government debt pile climbed past $1 trillion at the end of last month, Bloomberg analysis shows. That amount has doubled in the past 19 months, and is equivalent to 15.9% of the entire Federal budget for fiscal year 2022.<\/p>\n<p>The figures are calculated using US Treasury data which state the government\u2019s monthly outstanding debt balances and the average interest it pays.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Via: Bloomberg: Estimated annualized interest payments on the US government debt pile climbed past $1 trillion at the end of last month, Bloomberg analysis shows. That amount has doubled in the past 19 months, and is equivalent to 15.9% of the entire Federal budget for fiscal year 2022. The figures are calculated using US Treasury [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[19,8],"tags":[],"class_list":["post-68202","post","type-post","status-publish","format-standard","hentry","category-collapse","category-economy"],"_links":{"self":[{"href":"https:\/\/www.cryptogon.com\/index.php?rest_route=\/wp\/v2\/posts\/68202","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.cryptogon.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.cryptogon.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.cryptogon.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.cryptogon.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=68202"}],"version-history":[{"count":1,"href":"https:\/\/www.cryptogon.com\/index.php?rest_route=\/wp\/v2\/posts\/68202\/revisions"}],"predecessor-version":[{"id":68203,"href":"https:\/\/www.cryptogon.com\/index.php?rest_route=\/wp\/v2\/posts\/68202\/revisions\/68203"}],"wp:attachment":[{"href":"https:\/\/www.cryptogon.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=68202"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.cryptogon.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=68202"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.cryptogon.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=68202"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}