“Interest on Treasury Debt Securities (gross)” has exploded in the past half-decade, climbing from $523 billion in FY 2020 to $1.133 trillion in FY 2024—a 117 % jump. Through the first nine months of FY 2025, interest payments already stand at $921 billion; if the recent monthly run-rate continues, the full-year bill will land near … [Read more...] about Rising Interest-Service Costs Are Remaking the U.S. Treasury Budget