Total U.S. Public Debt Surged Nearly $3 Trillion While The Government Is Paying Less To Service Its Debt

First published by Money Metals here: https://www.moneymetals.com/news/2020/06/09/us-debt-3-trillion-002052

If Americans thought the U.S. Government would be in serious trouble as its ability to service its ballooning debt would become unmanageable, guess again. After the U.S. Government added nearly $3 trillion more debt in just the past eight months (fiscal year), the interest paid on the public debt actually declined versus last year.