Debt Spending to Soar, Due to Rising Interest Costs

Before too long, the government will spend more on debt than it will on other priorities, like national defense and Medicaid. The reason is that interest costs are skyrocketing, according to the Wall Street Journal's Kate Davidson.

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Your Money Briefing is your personal-finance and career checklist, with the news that affects your money and what you do with it. From spending and saving to investing and taxes, the Wall Street Journal’s finance reporters and experts break down complicated money questions every weekday to help you make better decisions about managing your money. Hosted by J.R. Whalen.