This is a U.S. news story, published by CNBC, that relates primarily to the Federal Reserve news.
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debt service costsCNBC
•82% Informative
The U.S. government for the first time has spent more than $1 trillion this year on interest payments for its $35.3 trillion national debt.
With the Federal Reserve holding benchmark rates at their highest in 23 years , the government has laid out $1.049 trillion on debt service, up 30% from the same period a year ago .
Net interest payments have totaled $843 billion , higher than any other category except Social Security and Medicare .
VR Score
90
Informative language
94
Neutral language
36
Article tone
formal
Language
English
Language complexity
38
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
short-lived
External references
1
Source diversity
1
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