Investment Analysis
The U.S. Government Is Insolvent; Yes, That Matters
The U.S. Government Is Insolvent; Yes, That Matters
Interest on the national debt cost $1.2 trillion in fiscal 2025. That was up 7.3 percent over 2024. Interest is the second-highest spending category after Social Security. The federal government is already spending more on interest payments than it is on national defense or Medicare.
Mike Maharrey
Sun, 03/29/2026 - 11:05
The U.S. Government Is Insolvent; Yes, That Matters
Interest on the national debt cost $1.2 trillion in fiscal 2025. That was up 7.3 percent over 2024. Interest is the second-highest spending category after Social Security. The federal government is already spending more on interest payments than it is on national defense or Medicare.
Mike Maharrey
Sun, 03/29/2026 - 11:05
Topics: U.S. government debtinterest paymentssafe-haven assetsprecious metals