Glad I could help.
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Toddster,
Is the $853 billion in interest payments fairly accurate?
I don’t have time right now to go through the monthly Treasury Statements for 2022. You’ve always been good at that sort of thing & I value your input.
I haven't seen that number.
During fiscal year 2022, total federal debt increased by about $2.5 trillion, with about $2.0 trillion of the increase in debt held by the public. Additionally, interest on debt held by the public increased to $497 billion in fiscal year 2022—up from $392 billion in fiscal year 2021.The primary reason for the increase in debt held by the public was the federal deficit, which was $1.4 trillion for fiscal year 2022.
Is the $853 billion in interest payments fairly accurate?
No. That guy didn't read his source material. Again.
Units: Billions of Dollars, Seasonally Adjusted Annual Rate