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https://www.bloomberg.com/news/articles/2023-07-13/us-racks-up-652-billion-in-interest-costs-as-higher-rates-bite
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US Government Debt Rises 25% to Reach $652B as Higher Interest Rates Bite - Bloomberg
7/13/23 at 6:00pm
Organization
Bloomberg
Author
Viktoria Dendrinou
Details
46 words
Summarize
Business & Industrial
Government
Finance
U.S.
Higher Interest Rates
widening
The cost of servicing US government debt jumped by 25% in the first nine months of the fiscal year, reaching $652 billion and contributing to a major widening in the budget deficit.
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