September 28, 2026

Budget, Personal Loans

Interest on the Debt Hits $1.27 Trillion With One Month Left in Fiscal 2026

Wide low angle view of the neoclassical United States Treasury building facade at sunrise with tall fluted stone columns lit by warm golden light and long deep shadows falling across the wide granite steps beneath a pale clear autumn sky

Federal interest expense reached $1,267.8 billion in eleven months of fiscal 2026, topping all of fiscal 2025, as the average rate on Treasury debt hit a 17-year high.

Shelly Warding
September 28, 2026