A foundation created by billionaire Peter G. Peterson says rising interest rates will push the US government’s interest payments to over half a trillion dollars this year. According to a recent Peterson Foundation report, the US government will make $6.4 trillion in total payments this year, $81 billion higher than the federal outlays recorded last The post US Will Pay $660,000,000,000 in Interest on National Debt This Year, Says Fiscal Sustainability Nonprofit appeared first on The Daily Hodl .