July 7, 2026

Budget, Personal Loans

Federal Interest Costs Top Defense Spending by $92 Billion in Fiscal 2026

The United States Treasury building at sunrise with a rising red line graph across the sky and growing stacks of gold coins in the foreground, symbolizing climbing federal interest costs

Federal net interest hit $722.7 billion in the first eight months of fiscal 2026, topping national defense by roughly $92 billion, according to Treasury data.

Laura Adams
July 7, 2026