Federal Debt and Interests Costs
CONGRESSIONAL BUDGET OFFICE (U S CONGRESS) WASHINGTON DC
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The federal debt has grown rapidly in the past decade, and this trend is projected to continue. Interest costs have grown commensurately and now account for about one of every seven dollars spent by the government. In response to a request from the House Committee on Ways and Means, this study provides background material on federal debt and interest costs--their components, their sensitivity to assumptions about future deficits and interest rates, and the choices that the Treasury faces in deciding the mix of securities it will offer.
- Administration and Management
- Economics and Cost Analysis