INSANE: 6 - The Real Truth

America’s $38 trillion national debt is so big just the interest will soon cost more than Medicare

The staggering math behind the rapid rise in interest due on our outsize debt.

Fortune · Jan 15

Treasury spent $276 billion in interest on the national debt in the final three months of 2025, says the CBO—up $30 billion from a year prior

The costs were higher because of a larger budget burden, the CBO said, as well as "higher long‐term interest rates and an increase in the rate of inflation."

Fortune · Jan 12

Budget office expects Federal Reserve to cut rates in 2026

The Congressional Budget Office has released new economic projections, expecting the Federal Reserve to cut short-term rates in 2026

The Independent UK · Jan 8

Donald Trump says national debt is ‘peanuts’ compared with tariff income, which will pay dividends—but the math isn’t adding up

A $2,000 dividend for each citizen would increase the deficit by $6 trillion, according to one estimate, roughly twice as much as Trump’s tariffs are estimated to raise.

Fortune · Dec 3, 2025

The tariffs are raising $100 billion less than Trump expected. Pantheon Macro sees 3 reasons why, starting with China

Scott Bessent said in August that tariffs would raise “well over half a trillion, maybe toward a trillion-dollar number.” It hasn’t panned out that way.

Fortune · Dec 1, 2025

Smucker enters Budget Committee race as odds-on favorite - Roll Call

Rep. Lloyd K. Smucker, the favorite to become the next top Republican on the House Budget Committee, is eyeing a second reconciliation bill.

Roll Call · Nov 25, 2025

Trump's Recent Tariff Rollbacks Erase Nearly $800 Billion In Expected Debt Reduction: CBO

The Congressional Budget Office (CBO) has released new projections indicating that the recent rollbacks of President Donald Trump‘s aggressive tariff strategy have nullified an anticipated $800 billion reduction in debt over the next decade.

Benzinga · Nov 21, 2025

CBO slashes tariff deficit forecast, complicating Trump's $2,000 checks

Senate Republicans would rather the tariff money go toward deficits than dividends.

Axios · Nov 20, 2025

Trump's retreats on tariffs have already wiped out $800 billion of expected deficit reduction, CBO estimates

The Congressional Budget Office is projecting $2.5 trillion of deficit reduction over 11 years, down from its $3.3 trillion projection in August.

Fortune · Nov 20, 2025

SNAP Survived Shutdown, But New Work Rules Threaten Millions

Just as food aid resumed after the federal government reopened, millions of Americans now risk losing Supplemental Nutrition Assistance Program benefits under a new law that tightens who qualifies and shifts more costs to states.

Benzinga · Nov 19, 2025