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Federal debt interest costs $857B in first nine months of FY2026
Debt service totaled $857.0 billion from October 2025 through June 2026, according to the CBO budget review, making net interest a larger expense than the military or Medicare in that period.
Federal debt servicing is consuming a growing share of the US budget, with the federal government recording $857.0 billion in net interest costs over the first nine months of fiscal year 2026, according to a budget review cited by Yahoo Finance.
The article says the deficit totaled $1.4 trillion in the first nine months of FY2026, $35 billion higher than the same period a year earlier, and it points to an expanded national debt of $39.64 trillion as of July 2026, citing the US Treasury Department.
Yahoo Finance frames the scale of the interest bill as about $95.2 billion per month, or roughly $737 per month per household when divided by about 129 million households, while noting households are not receiving an interest payment.
It also highlights the policy backdrop, saying the Tax Foundation expects the administration’s proposed “One Big Beautiful Bill Act” to reduce taxes by $5.0 trillion between 2025 and 2034, while the article says the Department of War requested $1.5 trillion for fiscal year 2027, a 42.0% increase in funding compared with the prior year.