The CBO reported that between October and May 2026, the government has spent $742 billion servicing the debt burden. Trump’s tariffs are only generating 25% of the revenue needed to pay interest on national debt—despite pitch that it would be a silver bullet.
fortune.com/2026/06/16/t...
The CBO reported that between October and May 2026, the government has spent $742 billion servicing the debt burden, an increase on the $674 spent for the same period last year.