The Credit Strategist

The Credit Strategist

The Wages of Debt

The Credit Strategist Blog

The Credit Strategist's avatar
The Credit Strategist
Jun 14, 2023
∙ Paid
12
1
Share

In July 2021, the Congressional Budget Office (CBO) projected the 10-year cost of servicing the federal debt for 2022-31 at $5.43 trillion. Just two years later, it projects that cost to double for 2024-33 to $10.56 trillion as a result of the Fed’s interest rate hikes. The recent debt-ceiling deal reduced this number by $188 billion which barely move…

Keep reading with a 7-day free trial

Subscribe to The Credit Strategist to keep reading this post and get 7 days of free access to the full post archives.

Already a paid subscriber? Sign in
© 2025 Michael Lewitt
Privacy ∙ Terms ∙ Collection notice
Start writingGet the app
Substack is the home for great culture