Interest on the national debt is eating a record 19% of federal revenue — and watchdog warns it will get worse

Interest on the national debt is eating a record 19% of federal revenue — and  watchdog warns it will get worse

The 30-year Treasury yield just hit its highest point since before the Great Recession. A leading fiscal watchdog warns the timing could not be worse.

Original Source

Read the full article at Fortune →

KhanList aggregates and links to publicly available news content. We do not host full articles from third-party sources. Always verify important information with original sources.