The US government is spending $880 billion annually on interest payments on the national debt, with interest payments projected to accumulate to $12.7 trillion over the next decade, meaning interest costs exceed the capacity to fund other priorities.
factualpending
Speaker
Nomi PrinsEvidence Quote
“you can't even open the lights of the United States right now without paying $880 billion a year and that figure over the next decade is supposed to accumulate to 12.7 trillion of interest rate payments on the debt”
Source
'Permanent Distortions' Created: These Are Economy's Biggest 'Red Flags' | Nomi Prins— David LinCreated: 8/11/2026, 1:12:12 AM
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