Interest On National Debt On Pace To Eclipse Entitlements, Defense Spending Amid Funding Battles

Posted on September 6, 2023
Interest On National Debt On Pace To Eclipse Entitlements, Defense Spending Amid Funding Battles

NEW YORK, NY - AUGUST 15: People pass by the national Debt Clock in Midtown Manhattan on August 15, 2023 in New York City. (Photo by Wang Fan/China News Service/VCG via Getty Images)

Criticism of sustained deficit spending prompted house Republicans earlier this year to pressure the White House to make budgetary concessions in the Fiscal Responsibility Act that aimed to address the nation’s runaway spending.

Photo by Wang Fan/China News Service/VCG