---
title: The annual interest expense on US debt is literally moving in a straight line higher, now at $1.1 TRILLION.
description: "To put this in perspective, less than 3 years ago the annual interest expense on this debt was $450 billion. That's a 144% jump as total US debt has surged by over $11 TRILLION since 2020.\nEven in 2008, at the peak of the Financial Crisis, annual interest expense was just $450 billion.\nAs interest rates surge and debt levels hit record highs, the US paying the prices for decades of deficit spending.\nMoney is not \"free\" anymore...\nSource: BofA, The Kobeissi Letter"
---

[Syz The Moment](https://blog.syzgroup.com/syz-the-moment)

# [The annual interest expense on US debt is literally moving in a straight line higher, now at $1.1 TRILLION.](https://blog.syzgroup.com/syz-the-moment/the-annual-interest-expense-on-us-debt-is-literally-moving-in-a-straight-line-higher-now-at-1.1-trillion)

 Written by [Charles-Henry Monchau, CFA, CMT, CAIA](https://blog.syzgroup.com/syz-the-moment/author/charles-henry-monchau) | Apr 24, 2024, 3:55:04 PM

[View full post](https://blog.syzgroup.com/syz-the-moment/the-annual-interest-expense-on-us-debt-is-literally-moving-in-a-straight-line-higher-now-at-1.1-trillion)

```json
{
  "@context" : "http://schema.org",
  "@type" : "BlogPosting",
  "author" : {
    "@type" : "Person",
    "name" : "Charles-Henry Monchau, CFA, CMT, CAIA"
  },
  "dateModified" : "2024-04-24T15:55:04.605Z",
  "datePublished" : "2024-04-24T15:55:04Z",
  "headline" : "The annual interest expense on US debt is literally moving in a straight line higher, now at $1.1 TRILLION.",
  "image" : {
    "@type" : "ImageObject",
    "height" : 500,
    "url" : "https://25733253.fs1.hubspotusercontent-eu1.net/hubfs/25733253/8-Apr-24-2024-03-54-32-7752-PM.jpg",
    "width" : 729
  },
  "mainEntityOfPage" : "https://blog.syzgroup.com/syz-the-moment/the-annual-interest-expense-on-us-debt-is-literally-moving-in-a-straight-line-higher-now-at-1.1-trillion",
  "publisher" : {
    "@type" : "Organization",
    "logo" : {
      "@type" : "ImageObject",
      "height" : 60,
      "url" : "/hs/hsstatic/content_shared_assets/static-1.4092/img/default-amp-logo.png",
      "width" : 60
    },
    "name" : "Syz The Moment"
  }
}
```