First Squawk(@FirstSquawk):US DEBT INTEREST BILL IS BECOMING A MAJOR FISCAL PROBLEM US debt held by the public is projected to rise from 101% of GDP in 2026 to 120% by 2036. More federal revenue increasingly goes toward servicing existing debt rather than funding defense, infrastructure, healthcare or other priorities. Higher-for-longer interest rates would make the problem significantly worse.

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Firstsquawk Is a Global Financial (News) Squawk Service Specialising In Financial Markets, Macro, Geopolitics,politics

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First Squawk@FirstSquawk

2026.08.18 05:22

US DEBT INTEREST BILL IS BECOMING A MAJOR FISCAL PROBLEM US debt held by the public is projected to rise from 101% of GDP in 2026 to 120% by 2036. More federal revenue increasingly goes toward servicing existing debt rather than funding defense, infrastructure, healthcare or other priorities. Higher-for-longer interest rates would make the problem significantly worse.

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