United States Government YTD Interest on Debt Payments

The U.S Federal Government makes monthly payments on “interest on debt” to its lenders that they borrowed money from. The payments do not include paying down the principle.

For the month of June 2014, $97,565,768,696 was paid out with YTD total now at $354,863,250,628. There are still 3 fiscal months left for 2014 of the U.S. government.

Source – United States Treasury Department