As reported by Coinomedia, U.S. interest payments reached a record $104.4 billion in October 2025, driven by rising interest rates and a national debt exceeding $33 trillion. The surge in interest costs is straining the federal budget, with experts warning of potential economic consequences, including reduced public spending and a possible debt trap if borrowing continues unchecked.
U.S. Interest Payments Hit Record $104.4B in October
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