Over the next decade, the U.S. Treasury will spend $20 trillion in interest on the national debt—$200 billion a month by 2036

Over the next ten years, the U.S. Treasury expects to spend $20.1 trillion on interest payments related to the national debt, which amounts to roughly $200 billion monthly by 2036. The Congressional Budget Office (CBO) released its projections for federal receipts and expenditures in the national income for the years 2026-2036. The nation is currently burdened with a $40 trillion debt, with the Social Security trust fund set to run out in seven years and Medicare expected to go insolvent in six and a half years.

The CBO's report indicates that the trust fund for Social Security will deplete in little over seven years, while Medicare will become insolvent in six and a half years. Budget concerns are becoming increasingly pressing for both politicians and the public. The CBO projects a widening gap between revenues and expenditures, with deficits expected to increase from $2 trillion in fiscal year 2026 to over $3 trillion by 2036, representing a total budget shortfall of $25.6 trillion over the decade.