U.S.interest payments on the federal debt as a percentage of federal outlays are lower today than in the 1990s.

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Viviana Contreras · Accepted Answer

Final Answer : True, Explanation :  According to data from the Office of Management and Budget, interest payments on the federal debt as a percentage of federal outlays were higher in the 1990s than they are today. In FY 1998, interest payments accounted for 15.9% of federal outlays, compared to 8.3% in FY 2019.

U.S.interest payments on the federal debt as a percentage of federal outlays are lower today than in the 1990s.

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