Daily interest expenses approach $3 billion, with U.S. Treasury bond interest payments surpassing the $1 trillion annual mark.

BlockBeats News, May 11 — According to Fortune, the U.S. Department of the Treasury has paid approximately $628 billion in net interest expenses this fiscal year to cover the growing national debt interest burden.

Data shows that the current U.S. federal government debt has approached $39 trillion, with daily interest payments averaging nearly $390k, about $3B per day. This amount has exceeded the annual spending on major programs such as Medicaid. Fiscal data also indicates that interest expenses in the first seven months of this fiscal year have surpassed $628 billion, exceeding core welfare expenditures like Medicaid and Medicare during the same period, making it the second-largest expenditure item for the federal government.

Analysts point out that the rise in interest costs is mainly due to the expansion of debt levels and the sustained high long-term interest rates. Although short-term interest rates have eased somewhat, overall financing costs remain in a high range.

Additionally, growth in tariff revenue has somewhat alleviated fiscal pressure, with customs tariff income this fiscal year increasing by over 200% year-on-year to about $190 billion. In the context of high debt and high interest rates, the sustainability of U.S. fiscal policy and the debt interest burden are becoming core issues of ongoing market concern.