Fact Check: interest on the $36.2 trillion debt topping $92 billion

Fact Check: "Interest on the $36.2 trillion debt topping $92 billion"

What We Know

The claim that interest on the $36.2 trillion debt has topped $92 billion is supported by recent reports from credible sources. According to a report by CNBC, the U.S. budget deficit for May 2025 was significantly impacted by surging financing costs, with interest on the national debt exceeding $92 billion for that month alone. This aligns with the broader context of rising interest costs associated with the national debt, which has been a growing concern for fiscal policy analysts.

Furthermore, the Congressional Research Service (CRS) notes that the total federal debt was approximately $36.2 trillion as of December 2024, which corroborates the figure cited in the claim (CRS Report). This debt level is significant, as it represents about 123% of the Gross Domestic Product (GDP) at that time.

Analysis

The evidence supporting the claim comes from multiple reliable sources. The report from CNBC provides a detailed account of the U.S. budget situation, highlighting that interest payments on the national debt are becoming one of the largest expenditures of the federal government, second only to Medicare and Social Security. This indicates a trend where interest costs are not only high but are also expected to grow, with projections suggesting that interest payments could reach $952 billion in 2025 (PGPF).

The CRS report, while not directly discussing the monthly interest figure, provides essential context regarding the total debt and its implications for federal fiscal policy. The nonpartisan nature of the CRS adds to the credibility of the information presented, as it serves Congress and operates without political bias.

In contrast, some sources, such as Global Consultants Review, reiterate the same information about the interest costs, confirming that the claim is not isolated but rather part of a broader narrative regarding the fiscal challenges facing the U.S. government.

Conclusion

The claim that interest on the $36.2 trillion debt has topped $92 billion is True. This assertion is backed by credible financial reports and data from reputable sources, indicating that the U.S. is experiencing significant fiscal pressures due to rising interest costs associated with its national debt.

Sources

1. Federal Debt and the Debt Limit in 2025
2. interest、interesting、interested有何区别 - 百度知道
3. U.S. budget deficit hit $316 billion in May
4. interest 的用法 - 百度知道
5. Interest Costs on the National Debt
6. EBITA和EBITDA分别指什么？ - 百度知道
7. U.S. Deficit Hits $1.36 Trillion Amid Soaring Debt Costs
8. 怎样写出优秀的的研究计划 (Research Proposal) - 知乎