Debt Interest Doomsday Clock

The US government now spends more on debt interest than on national defense. $900 billion a year โ€” and accelerating. This is where that money goes.

US Debt Interest Paid Since You Opened This Page
$0
That's $28,539 every second
$36T
Total National Debt
$900B
Annual Interest Cost
$2.47B
Interest Per Day
$5,769
Interest Per Taxpayer/Year
13.3%
Share of Total Spending
124%
Debt-to-GDP Ratio

The Crossover: When Interest Overtakes Everything

Projected US federal spending ($B) โ€” drag the slider below to change debt assumptions

What If Debt Keeps Growing?

Drag to adjust US debt as a percentage of GDP and watch the forecast shift

80% 250%
124%
$900B
Annual Interest
$2.47B
Daily Cost
$5,769
Per Taxpayer/Year
13.3%
% of Spending

Crossover Timeline

Data sources: CBO Budget & Economic Outlook (2024) ยท US Treasury Fiscal Data ยท OMB President's Budget
Projections use CBO baseline growth rates. FY2024 data. ~156 million individual tax filers. GDP ~$29 trillion.