Interest paid on the national debt was $402 billion in FY 2015 according to the US Treasury. The sad thing is that no one running for President seems to care about our fiscal Armageddon. The interest payments alone will soon exceed the nation's defense budget.
The CBO warned in early 2015 that the mounting level of federal debt over the next decade would mean a tripling of interest payments and new spending constraints.
I wager that not a single question will be asked about it at tonight's debate!
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