a Better Bubble™

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Raw data: Interest on the national debt

2 years 7 months ago
According to the CBO, interest payments are going to hit a postwar high within ten years: The previous postwar record was set during the Reagan era and peaked at 3.1% of GDP. CBO estimates that interest payments will attain that level again in 2028 and then keep climbing until they reach 3.7% by 2033.
Kevin Drum