The interest on public debt is more than 10 percent of federal government expenditures.

Name: The interest on public debt is more than 10 percent of federal government expenditures.
Brand: Quizplus
Rating: 4.8 (54 reviews)

Question

Quizplus · Accepted Answer

As of my last update in 2023, the interest on public debt is a significant expense for the U.S. federal government but has not consistently exceeded 10 percent of total federal government expenditures. The percentage can vary year by year based on the total size of the debt, interest rates, and total government spending.

The Interest on Public Debt Is More Than 10 Percent