Published Aug 20, 2026, 3:11 PM ET · Updated 3 months ago · 1 source
US debt growing linearly since 2022 with increasing interest burden and negative tax revenues
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Original Report
US debt has been growing linearly since 2022, following a significant spike attributed to the COVID-19 pandemic. This growth is compounded by a high interest burden and negative tax revenues resulting from refunds, which reverses the calming effect observed last year when data revenue came in and discretionary spending decreased.