First published by Money Metals Exchange here: https://www.moneymetals.com/news/2023/11/14/breaking-annual-interest-payments-on-us-debt-now-top-1-trillion-002866
<p><img src='https://www.moneymetals.com/uploads/content/breaking-annual-interest-payments-on-us-debt-now-top-1-trillion-social.jpg'/></p>Now it&#039;s getting serious. You may have heard that Bloomberg just reported that the annual cost of financing the U.S. debt has soared to over $1 trillion per year. As Bloomberg notes, &quot;Estimated annualized interest payments on the US government debt pile climbed past $1 trillion at the end of last month, Bloomberg analysis shows.