🚨CBO: 1% Higher Interest Rates Add Trillions to Debt Interest rates across the yield curve have been hitting multi-decade highs, with the 30-year Treasury bond closing at 5.5% today – the highest level since 2004 – and the 10-year Treasury note closing at 5.2% – the highest level since 2007. The @USCBO released a new analysis showing that if interest rates grow to 1 percentage point above projections, as they already roughly are today, debt would be 222% of GDP by Fiscal Year 2056 – 47 percentage points of GDP above projections. Learn more here➡️crfb.org/blogs/cbo-1-higher-….

Sep 25, 2026 · 3:45 PM UTC

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Replying to @BudgetHawks
Rates eat the deficit now.
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Replying to @BudgetHawks
@POTUS Use reconciliation after the election to defund Obamacare and all its expansion, Stop issuing federal student loans, End SNAP for the overweight and obese, Require 40 hours of PAID work weekly BEFORE any government assistance, Allow states to charge premiums and copayments/coinsurance on Medicaid, End COLAs on all spending of all kinds, Make all assets used in a business deductible immediately when purchased, including land, Make corporate dividends deductible when paid and taxable as regular income when received, Eliminate the gift tax on anything given outside the year of death and end the step-up in basis at death, Make big changes to make working the most profitable path for people out of poverty, simplify the economy, and reduce debt.
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