![]() ![]() In its annual budget outlook last month, the CBO projected that interest payments on the national debt would indeed reach about $10 trillion over the next decade. The briefing comes just before Biden is expected to deliver the White House’s annual budget to Congress. “Think about all this is going into how bad we currently are fiscally, and the increase that he has added to the debt,” McCarthy added in an apparent reference to Biden. “If you look at how much interest we have paid since 1940 ‘till today – $9 trillion.” “In the next 10 years, we’ll pay $10 trillion just on interest,” McCarthy said. ![]() “I’m bringing the CBO not to be partisan, because he’s not, and give all of Congress exact same numbers.” “I think that that is at that level to crisis level,” McCarthy said Wednesday. ![]() McCarthy said he wants to hold the briefing in the House auditorium, a space that can fit the whole House and has been used for high-profile classified briefings in the past. ![]()
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