Did interest payments on the federal debt represent a record share of revenue in FY2025?
This Fact Brief was written by Gabriel Vinocur of EconofactView on Econofact, our Gigafact partner.
Yes.
In fiscal year 2025, 18.5% of the federal government’s revenue went to paying interest on the national debt, a record since the start of the data series in 1940.
The previous high
