{
  "id": 16895047,
  "title": "Over the next decade, the U.S. Treasury will spend $20 trillion in interest on the national debt—$200 billion a month by 2036",
  "url": "https://urgent.news/2026/10/28/over-the-next-decade-the-u-s-treasury-will-spend-20-trillion-in",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-28T11:39:42.000Z",
  "source": {
    "name": "Fortune",
    "slug": "fortune",
    "url": "https://fortune.com/2026/10/28/congressional-budget-office-projections-treasury-national-debt-interest-spending/"
  },
  "original_language": "en",
  "account": "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.",
  "summary": "\"The challenge for me is I can't say for sure what is the deadline, when do we need to act. That's something members want to know, and we don't know, which is both a blessing and a curse.\"",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}