Fact Check: The US will soon be spending $10 trillion a year in loan and interest repayments.

Published July 5, 2025

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VERDICT

False

# Fact Check: "The US will soon be spending $10 trillion a year in loan and interest repayments." ## What We Know The claim that the U.S. will soon b...

Fact Check: "The US will soon be spending $10 trillion a year in loan and interest repayments."

What We Know

The claim that the U.S. will soon be spending $10 trillion a year in loan and interest repayments is misleading. Current projections indicate that while the U.S. faces significant debt challenges, the annual interest payments are not expected to reach $10 trillion in the near future. According to the Congressional Budget Office (CBO), net interest payments are projected to be around $1.8 trillion per year by 2035, and $4.8 trillion per year by 2055 (source-6).

Moreover, the U.S. national debt is indeed substantial, with approximately $9.2 trillion set to mature in 2025, which accounts for about 25.4% of the total national debt of $36.2 trillion (source-2). However, this figure pertains to the total debt maturing, not the annual interest payments.

Analysis

The assertion that the U.S. will soon spend $10 trillion annually on loan and interest repayments conflates total debt maturing with annual interest obligations. The $10 trillion figure cited in some discussions refers to the total amount of debt that will need to be refinanced or rolled over in 2025, which includes both new borrowing and existing debt that is maturing (source-3).

The CBO's projections indicate that while interest payments are rising due to increased debt and higher interest rates, they are not expected to reach the $10 trillion mark in the foreseeable future. The current annual interest payment is over $1 trillion, but this is projected to grow significantly, yet still remain below the $10 trillion threshold (source-5).

Additionally, the Penn Wharton Budget Model suggests that with appropriate fiscal reforms, the U.S. could generate significant revenue and reduce deficits, which would further mitigate the need for excessive borrowing (source-1).

The sources used in this analysis are credible, with the CBO being a non-partisan organization providing reliable economic forecasts. The financial commentary from platforms like The Kobeissi Letter and Finbold, while informative, may carry some bias as they often focus on market implications and investor concerns.

Conclusion

The claim that the U.S. will soon be spending $10 trillion a year in loan and interest repayments is False. Current projections indicate that while the U.S. is facing a significant debt challenge, annual interest payments are expected to be around $1.8 trillion by 2035 and $4.8 trillion by 2055, far below the $10 trillion figure. The confusion arises from conflating total debt maturing with annual interest obligations, which are distinctly different financial metrics.

Sources

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