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US Debt Interest Outpaces Defense, Medicare

In 2026, interest on the US national debt hit $1.1 trillion, becoming the second-largest federal expense, more than defense and Medicare.

In 2026, interest on the US national debt hit $1.1 trillion, becoming the second-largest federal expense, more than defense and Medicare.

For fiscal year 2026, the US federal government's interest payments on its debt reached a staggering $1.1 trillion. This makes interest the second-largest federal expense, exceeding both the defense budget and Medicare spending.

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