Interest as a Percentage of All Federal Outlays
by The Brookings Institution on Feb 26, 2014 | Views: 164 | Score: 2
Sources:
brookings.edu
Share:
by The Brookings Institution on Feb 26, 2014 | Views: 164 | Score: 2
of
of
There are two reasons that interest rates represents a growing slice of the federal budget: (1) As long as the federal government spends more than it takes in, it'll be borrowing more each year; and (2) the interest rates the U.S. Treasury pays on its borrowing are really low now, but they won't stay low forever.