Federal Net Interest Costs: A Primer
Congressional Budget Office
No 56780, Reports from Congressional Budget Office
Abstract:
Net interest outlays consist of the interest that the federal government pays on debt held by the public minus certain types of interest that it receives. The government’s interest payments depend largely on interest rates and the amount of debt held by the public. Because interest rates have fallen to historically low levels, net outlays for interest remain low even as debt held by the public has surged.
JEL-codes: H60 (search for similar items in EconPapers)
Date: 2020-12-15
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