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To: Brumar89 who wrote (54924)

10/9/2013 7:17:24 PM

From: FJB

1 Recommendation

Recommended By
Brumar89

Read Replies (1) | Respond to of 85487

It varies. The incoming revenue easily covers our debt payments. Simply and easily.

Interest Expense on the Debt OutstandingThe Interest Expense on the Debt Outstanding includes the monthly interest for:
U.S. Treasury notes and bondsForeign and domestic series certificates of indebtedness, notes and bonds Savings bondsGovernment Account Series (GAS) State and Local Government series (SLGs) and other special purpose securities.Amortized discount or premium on bills, notes and bonds is also included in the monthly interest expense.

The fiscal year represents the total interest expense on the Debt Outstanding for a given fiscal year. This includes the months of October through September. View current month details (XLS Format, File size 168KB, uploaded 10/04/2013).

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Interest Expense Fiscal Year 2013Fiscal Year Total

September	$19,843,542,012.01
August	$25,487,831,947.93
July	$25,076,777,459.95
June	$93,031,790,187.97
May	$24,378,480,861.09
April	$35,951,751,963.63
March	$23,472,400,737.30
February	$16,901,310,565.17
January	$17,816,590,831.57
December	$95,736,594,801.52
November	$25,068,968,472.99
October	$12,922,741,407.27
$415,688,781,248.40

** Due to a change in the accounting method for the Department of Defense (DOD) market-based securities, a one time adjustment of $75 billion decreased the Interest Expense on the Public Debt for the month of July.