Oh No! Interest on the Debt Is Half As Large as the 1990s Peak!

The Washington Post had a piece on newly released data on the federal budget deficit. The piece included the obligatory comments from the always wrong budget "experts" at the Committee for a Responsible Federal Budget. It also warned readers:

"U.S. debt is considered one of the safest investments in the world and interest rates remain low, which is why the government has been able to borrow money at cheap rates to finance the large annual deficits. But the costs are adding up. The government spent about $...