The biggest budget item in the US government budget is the cost of interest for the $40 trillion national debt.
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4/13/2026
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4/13/2026
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Approximately 14 cents of every dollar the US federal government spends is allocated to paying interest on borrowed money.
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Then what would happen is that $40 trillion that America has in debt, it would disappear because it would be absorbed by the world.
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The US national debt reached $39 trillion as of fiscal year 2025.
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