Tariffs are only generating 25% of the revenue needed to pay interest on national debt—despite pitch that it would be a silver bullet
- Posted on June 16, 2026
- By Fortune
- 0 Views
- 1 min read
Tariffs are only generating 25% of the revenue needed to pay interest on national debt—despite pitch that it would be a silver bullet
The CBO reported that between October and May 2026, the government has spent $742 billion servicing the debt burden, an increase on the $674 spent for the same period last year.
