[cableguymn]

I thought I saw the interest payment was 2 trillion

[DoodleBob]

Last fiscal year, the govt paid $305bn in interest on $26t of federal debt.

But the rising rates only impacts those debts that mature in the short run. Conservatively, interest payments could go to $500bn.

And yes, if we saw Putin's cache it probably has creepy photos.

[Tellurian]

Federal spending this year is about $6 trillion. Current taxpayers fund $5 trillion of that. So about $1 trillion in new debt goes to our grand kids this year (on top of $31 trillion existing debt).

The interest rate on the old $31 trillion debt is about 1/2 trillion dollars, or 1.5% ... but the way things are going, in a couple of years our grand kids debt will be up to about $36 trillion at a 3% rate, or $1 trillion per year ... or $8,600 per tax payer.