Debt with year and interest
payment
Year
Federal
Debt
Yearly Interest Payment
1960 $
284,000,000,000
$ 9,000,000,000
1980 $ 930,000,000,000
$
75,000,000,000
2000
$5,674,000,000,000
$362,000,000,000
2004
$7,379,000,000,000
$322,000,000,000
2005
$7,932,000,000,000
$352,000,000,000
2006 $8,507,000,000,000
$405,872,109,315
2007 $9,007,653,372,262
$429,977,998,108
2008 $10,024,724,896,912 $451,154,049,950
2009 $11,909,829,003,522 $383,363,826,680
Oct 2009 Federal Prime Rate 3.25%, Discount Rate .50%, Fund Rate .25%
When the Fed raises the interest rates the ride will get interesting
In the 1980's the Federal Reserve Banks' Prime Rate was over 20%