National debt interest expense has exploded 14% in just 9 months | Fortune0

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• August 24, 2026

If you thought last year’s national debt numbers were chilling, you haven’t seen anything yet. In the second week of August, the CBO released its Monthly Budget Review giving year-to-date totals, calculated through July, for federal FY 2026, ending September 30. For the first 10 months of fiscal 2026, Washington’s carrying costs grew an astounding