Fiscal Year For 2024. Interest costs in the first 10 months of the fiscal year totaled $956 billion, up 32% from. The budget provides $20.3 billion for the tef in 2024, which is $15.3 billion above the 2023 enacted level.

Debt interest costs are about to blow past $1 trillion this fiscal year. 🔴 the revised fiscal deficit — the gap between government’s revenue and expenses — is at.