America’s $952 billion annual burden: Exploding interest on national debt is set to surpass Medicare spending within the decade

America has had gigantic budget deficits and debt that have been dangerous and ballooning for years, yet it’s only recently that they’re stirring alarm among voters in a big way. In the spring of 2025, a poll conducted by the non-partisan Peterson Foundation found that 76% of all voters, including 73% of Democrats and 89% of Republicans, agree that addressing the rampant borrowing that’s endangering our economic standing and threatens their own financial futures should be a top priority for the president and Congress.