On the recordFebruary 3, 2014
We bought ourselves a couple years, but at $17 trillion in debt, a 100-basis-point increase in interest rates adds $120 billion a year.
Source
congress.govWe bought ourselves a couple years, but at $17 trillion in debt, a 100-basis-point increase in interest rates adds $120 billion a year.
Highlights the impact of rising interest rates on national debt.
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