What percentage of federal taxes goes to pay the interest on the national debt?

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2026-09-05 17:50

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As of recent estimates, approximately 6-8% of federal tax revenue is allocated to pay the interest on the national debt. This percentage can fluctuate based on interest rates and the total amount of debt. While it represents a significant portion of the budget, most federal spending goes toward mandatory programs like Social Security and Medicare, as well as discretionary spending.

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